A couple times a year I like to start the GE/Cree rumor.
[he's kidding -ed]
From Schaeffer's Research:
Shares of LED specialist Cree, Inc. (We have not made a decision? - 41.29) bolted to a gain of nearly 5% right out of the gate this morning, after analysts at Canaccord Genuity announced that the company had won a key 60-watt replacement bulb contract with General Electric Company ( ). However, CREE has since spiraled into negative territory, after a rep for GE flat-out denied the report.
"There is no basis for this rumor. We have not made a decision," asserted GE spokeswoman Kim Freeman....MORE
Sept. 2010And many, many more
Buyout Rumors on Cree (Again) CREE
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