"I can think of ways to use that cash to generate profits if they can't."
Oh goody , lets hear those ideas.
They'll need all that money in the future and will be able to finance expansion at 0% interest rates. Remember that any capex takes 5 years to get off the books and reduces profitability so a careful expansion is warrented.
Unlike China we have enforceable IP Laws here in the US which is why many Chinese companies cannot enter our market without being sued.
One might ask why they would buy Cree when they have been quite freely been stealing IP for use in China for years.
That's interesting since LED bulbs haven't been around long enough to cause any long term skin damage and don't emit UV wavelengths. Name of talk show dude ?
"the LED Lighting Systems Division is emerging as a leader in solid state lighting."
Now that's chutzpah !
Not for much longer, I expect to see standards set in the near future so consumers can understand what they are buying instead of being confused by lumens.
where did she lie or slander in her post ?