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Cree, Inc. Message Board

  • ledrevolution Nov 5, 2012 4:42 AM Flag

    Rubicon Technology (RBCN) : Upside Potential Suggests A Buy ( iphone 5 )

    LED wafer pricing and demand should remain strong in Q4. I expect Rubicon Technology (RBCN) will benefit from stronger demand for SoS wafers in the near term through its relationship with Peregrine Semiconductor(PSMI) as a supplier and shareholder (with $2 million in preferred shares, representing less than 1% of shares outstanding). I believe Peregrine supplies an SoS switch for the iPhone 5, which allows the phone to automatically switch antenna connections. Rubicon supplies about 30% to 40% of the market for SoS wafers. This stock can run hard on any positive news, full of shorts ( more than 30% float ) !! RBCN : A $9 Bargain On LED Hyper Growth

    Sentiment: Strong Buy

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