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Cree, Inc. Message Board

  • mostlylong mostlylong Apr 25, 2014 9:37 AM Flag

    Cree is dominating their shelf space at Home Depot

    This company spent 20 years in R&D before they sold their first light bulb. FEIT buys all their LEDs from Cree. Samsungs bulbs are inferior. Cree owns this space. GE got out of it years ago, and has limped along with incandescent bulbs. Now the future is LED. Embrace it. Embrace CREE. They make the gallium arsenic glass substrate and have awesome quality control. They are managing earnings by keeping as much off-shore as possible. Just like GE, Intel, Apple, Microsoft, and 3/4ths of the other s&P co's. Dont look at their slight margin compression as a negative, look at it as a way to sell more bulbs to Chinese and others who have lower per capita income than US consumers. Those of us who are REQUIRED to buy these types of bulbs, BTW, are able to buy these bulbs for 9$ a piece. WhAT ABOUT THE REST OF THE WORLD?

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CREE
42.385+0.755(+1.81%)Sep 17 4:00 PMEDT

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