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Cree, Inc. Message Board

sillysally2938 49 posts  |  Last Activity: Apr 22, 2015 1:22 PM Member since: Dec 19, 2013
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  • Reply to

    Lighting systems

    by blackoutbuzz Apr 22, 2015 11:29 AM
    sillysally2938 sillysally2938 Apr 22, 2015 1:22 PM Flag

    blackie---that's sounds like a very realistic and less risky strategy. I'm entering an indefinite and extended quiet period. I've said all I'm going to say for a while so let's see what happens. I'll accept your suggestion and find me a transcript of the call and read it in my leisure time. GLTA. .

    Sentiment: Hold

  • Reply to

    Risks from the 10K

    by sillysally2938 Apr 22, 2015 12:24 PM
    sillysally2938 sillysally2938 Apr 22, 2015 1:17 PM Flag

    blackie---the only question I'd like answered is: "When should we expect to see results that are as good or better than Acuity is having for their shareholders?" Maybe most shareholders are totally happy with the job that's being done in Durham. Maybe the strategic risks listed in the 10K are bigger than the leadership capabilities can handle. I'm NOT selling even though I have higher expectations than Chuck does.

    Sentiment: Hold

  • Reply to

    Risks from the 10K

    by sillysally2938 Apr 22, 2015 12:24 PM
    sillysally2938 sillysally2938 Apr 22, 2015 1:08 PM Flag

    blackie---I chose not to listen this time. The results were what I expected them to be until the last week when all the noise started to make it seem like there was good news on the horizon. I haven't got time to listen to someone try to explain away the results from their bad strategy. IF you keep doing what you've been doing, you're going to keep getting the same results. Maybe Yogi said that. . . GLTA I hope in 90 days we have a far different scenario to talk about.

    Sentiment: Hold

  • Reply to

    Risks from the 10K

    by sillysally2938 Apr 22, 2015 12:24 PM
    sillysally2938 sillysally2938 Apr 22, 2015 1:04 PM Flag

    Here's my opinion: BUY on this weakness at the level you feel comfortable with. One of these days there has to be IMPROVEMENT at this company. It's too good of an opportunity that shouldn't be wasted. CREE has been instrumental in driving the shift to high quality/high performance LED lighting solutions. Lots of other companies are succeeding at selling more and more LED systems and it's about time that CREE had the success that their shareholders deserve.

  • Reply to

    Risks from the 10K

    by sillysally2938 Apr 22, 2015 12:24 PM
    sillysally2938 sillysally2938 Apr 22, 2015 12:32 PM Flag

    I'd say that they got this right in the 10K, although I wonder why you would speculate about the stock price in the filing. "Our stock price may be volatile.

    Historically, our common stock has experienced substantial price volatility, particularly as a result of significant fluctuations in our revenue, earnings and margins over the past few years, and variations between our actual financial results and the published expectations of analysts. For example, the closing price per share of our common stock on the NASDAQ Global Select Market ranged from a low of $44.99 to a high of $75.76 during fiscal 2014. If our future operating results or margins are below the expectations of stock market analysts or our investors, our stock price will likely decline.

    Speculation and opinions in the press or investment community about our strategic position, financial condition, results of operations or significant transactions can also cause changes in our stock price. In particular, speculation around our market opportunities for energy efficient lighting may have a dramatic effect on our stock price, especially as various government agencies announce their planned investments in energy efficient technology, including lighting. " Why does this fall under "RISKS" as to whether the business results will be successful or not? It's all about having the CORRECT STRATEGY and GREAT EXECUTION OF SAME----right?

    Sentiment: Hold

  • sillysally2938 by sillysally2938 Apr 22, 2015 12:24 PM Flag

    "If we are unable to effectively develop, manage and expand our sales channels for our products, our operating results may suffer.

    We have expanded into business channels that are different from those in which we have historically operated as we grow our business and sell more LED and lighting products. Lighting sales agents have in the past and may in the future choose to drop our product lines from their portfolio to avoid losing access to our competitors’ lighting products, resulting in a disruption in the project pipeline and lower than targeted sales for our lighting products. We sell an increasing portion of our lighting products through retailers who may alter their promotional pricing or inventory strategies, which could impact our targeted sales of these products. If we are unable to effectively penetrate these channels or develop alternate channels to ensure our products are reaching the intended customer base, our financial results may be adversely impacted. In addition, if we successfully penetrate or develop these channels, we cannot guarantee that customers will accept our products or that we will be able to manufacture and deliver them in the timeline established by our customers. " (Valid point from the 10K filing.)

    Sentiment: Hold

  • Reply to

    Lighting systems

    by blackoutbuzz Apr 22, 2015 11:29 AM
    sillysally2938 sillysally2938 Apr 22, 2015 12:00 PM Flag

    blackie--Their strategy can't work. IF the biggest potential customers in the commercial/industrial lighting business won't buy your high profit/high performance LED components because you're competing with them on lighting fixture sales, AND on the lighting fixture side you have POOR ACCESS TO THE MARKET because your reps are the 4th-6th guys in every US market, then you can't accomplish what you've said in your post, IN MY OPINION. . Furthermore, (IMHO) CREE is not competitive on getting specified and selling lighting fixtures because they don't have the right people representing them. They've got just those folks that they can get because the Acuity, Cooper, Hubbell, and GEs of the lighting world have all the good reps. CREE specifically chooses their strategy knowing full well that it has "risks". Go read the whole area that Chuck describes in "risks". He's more concerned about what someone might say about the company on the internet than he is in having the correct strategy. This company needs to spin out lighting products to a big international electrical products company who also has a desire to be a player in the home center industry. That's a far better option than continuing to have declining demand for your high profit LED components---isn't it???? CREE has had great ideas and great products for a long long time. They probably had some conversations at some point about being acquired by one of the big lighting companies but likely declined to negotiate because they thought they knew all the answers about how to gain a solid position in the BIG market for LED lighting fixture sales as the World turned to LED lighting. I ask you---were they wrong then and now about the strategy they have in place??? Who's going to improve this company and get better results? Other than new product releases, what good news have we heard from CREE lately? Is all the spending on SGA effective? I AM NOT SELLING. This could be a great company.

    Sentiment: Hold

  • Reply to

    Expectations may be too high

    by pierre_narusse Apr 21, 2015 3:26 PM
    sillysally2938 sillysally2938 Apr 22, 2015 2:06 AM Flag

    robodude---Look it up. Obama and CREE. C'mon man. You don't really follow this stock, do you? Obama jumped on CREE's bandwagon long ago. It's not important though----it's just politics. GLTA

  • Reply to

    Expectations may be too high

    by pierre_narusse Apr 21, 2015 3:26 PM
    sillysally2938 sillysally2938 Apr 22, 2015 1:57 AM Flag

    denverdue---I disagree. CREE's strategy is flawed. How is that "pure play" strategy working??? LED Products sales (formerly a strength of the company) are collapsing in the face of the large lighting companies no longer buying those pure play LED components from CREE. CREE's strategy of competing on lighting fixture sales with their former BEST CUSTOMERS of LED components is taking it's toll, as has always been noted in the "Risk" category as filed by Chuck. Let's look at the 9 month numbers----LED Product revenues off 24% year over year. How's that pure play look to you? The profit margins on those PP LED revenues are also suffering (we all know why) as the gross margins have dropped from 45,9% in 2014 nine months to 38% in 2015 nine months results. Oh but the good news is????? Lighting Products revenue is up from 2014 by 36% and is THEE largest component of sales at CREE these days. Lighting Products (bulbs and fixtures) represented 54% of total CREE sales for 9 months 2015. How good is that news??? Well the gross profit margins on these growing sales for the 9 months come in at a whopping 26.4% which is lower than in 2014 when it was 27.4%.but it's something that Chuck is really controlling well---the 9 month and 3 month GP numbers have identical profit margins. The net net result on overall CREE profit margins for the three legs of Chuck's consolidated stool strategy came in at 30.6% for the 3rd quarter and 31.8% for the 9 months of 2015 respectively versus comparative 2014 numbers of 37.0% and 37.7% for the 3rd quarter and 9 months. Overall 3rd Quarter Revenue grew 1% year over year at declining profit margins. How's that for Pure Play results??? Why should results change since CREE keeps doing what it's been doing?? Chuck says the numbers were right in his wheelhouse. 1% higher 3rd quarter sales at reduced margins. TIME FOR IMPROVEMENT. The Board better step in sooner rather than later. Spending more and getting less. Good management???????

    Sentiment: Hold

  • Reply to

    I think CREE will see 40 this week

    by jrzbiz Apr 21, 2015 12:08 PM
    sillysally2938 sillysally2938 Apr 21, 2015 5:04 PM Flag

    $33.92 right now after hours. Big time cocktail hour in Durham tonight.

  • Reply to

    I think CREE will see 40 this week

    by jrzbiz Apr 21, 2015 12:08 PM
    sillysally2938 sillysally2938 Apr 21, 2015 5:03 PM Flag

    jackdaddy---what you got to say, pal? Guess you're back from your honeymoon with your same sex partner. You definitely rock, pal.

  • Reply to

    Chronic

    by vincent90157 Apr 21, 2015 4:24 PM
    sillysally2938 sillysally2938 Apr 21, 2015 4:59 PM Flag

    Speaking of "commodities", I just found this on the HD website. 6" Led Disk Light: "The Commercial Electric 6 in. LED Disk Light by Cree makes it easy to upgrade your existing lighting to energy efficient LED technology. The Disk Light can be installed in an existing recessed can or wherever a 4 in. junction box is installed - making it extremely versatile for both retro-fit and new installation. The semi recessed lens gives the appearance of a higher end recessed fixture and is instant on and fully dimmable. The LED Disk Light is perfect for kitchens, hallways, bathrooms, closets, laundry, porches and garage work rooms." CREE is making the Commercial Electric brand LED lights sold by Home Depot?????? How does this do anything for building the CREE brand??????? I don't recall ever seeing anything in any CREE annual report about them making Commercial Electric branded products. Anybody else know anything about this Commercial Electric product line? Are all the Commercial Electric products made by CREE? Are they all sold for less money than CREE's version? I've always understood that CREE chooses to compete against the big lighting companies who COULD BE their biggest customers for LED components, BUT, I never expected CREE to compete against themselves by making products sold under a different name and side by side to their own branded products at Home Depot. What will these guys think of next???????

    Sentiment: Hold

  • Reply to

    Expectations may be too high

    by pierre_narusse Apr 21, 2015 3:26 PM
    sillysally2938 sillysally2938 Apr 21, 2015 4:07 PM Flag

    OOOOOOOPS! 1% volume increase. How's come Acuity and others just keep putting out double digit sales increases?. Is it possible that CREE is losing in this game?? Obama must be on board!!!!!

  • Reply to

    Expectations may be too high

    by pierre_narusse Apr 21, 2015 3:26 PM
    sillysally2938 sillysally2938 Apr 21, 2015 3:59 PM Flag

    Train's getting ready to pull out of the station. . . . looks like Obama's getting on board again.

  • Reply to

    Just Bought

    by davieswatson Apr 21, 2015 3:19 PM
    sillysally2938 sillysally2938 Apr 21, 2015 3:56 PM Flag

    davie---that couldn't happen, could it? The last 3 million plus volume day was April 6th which is probably the day the preliminary quarterly numbers came together internally. Just coincidental. Lots of employee shareholders and let's face it, the shipment and order numbers are known on a daily, weekly, monthly and cumulative basis. Monthly P&L's get distributed in most companies as well. I'm guessing that maybe we're going to see some surprisingly higher volume comparisons than we've seen lately. HD sure is loaded to the gills with boxes of CREE products, if you haven't noticed how high they go up on the racking these days. Supplemental free standing displays in the aisles of the stores as well. CREE bulbs are on a roll at HD. I had to go to 4 stores to find any 6" remodeler cans. though and that's something homeowners and handyman guys can do for themselves. HD had gobs of Halo's version in the 4 stores I visited, and which sells for a higher price. I say people are buying CREE and not Halo. HD sales/turnover reports know that answer. GLTA. All signs point to going higher by tomorrow's open.

    Sentiment: Hold

  • Reply to

    I think CREE will see 40 this week

    by jrzbiz Apr 21, 2015 12:08 PM
    sillysally2938 sillysally2938 Apr 21, 2015 1:58 PM Flag

    jmcv--I agree it's got a chance for $40. Must be going to have a big surprise on earnings release. IF they were going to miss like the last few reports, they would have been cranking out product marketing news releases to support the stock price. Must be going higher!

    Sentiment: Hold

  • sillysally2938 sillysally2938 Apr 21, 2015 9:06 AM Flag

    thuyai40---"they got laugh"???? What language do they speak on your planet? Get a new translator fool so your posts are readable. But, thanks for the laughs.

  • Reply to

    Market has spoken....this is a chihuahua at best !

    by thuyai40 Apr 20, 2015 6:44 PM
    sillysally2938 sillysally2938 Apr 21, 2015 9:03 AM Flag

    thuyai40---You follow and post on some great stock boards. Apparently you consider yourself some sort of expert on Asians. Here's what I sent you on another of your posts elsewhere, thuyai40: "Just like you, pal. Many Asians have difficulty trying to write and speak the English language. You've got quite a posting history. You must be a professor, right? Thanks for the laughs, genius." How about returning to your planet, numb. Your scam is definitely over.

    Sentiment: Hold

  • Reply to

    No wozzi....my uncle told me to buy more...

    by thuyai40 Apr 21, 2015 8:31 AM
    sillysally2938 sillysally2938 Apr 21, 2015 9:00 AM Flag

    Just like you, pal. Many Asians have difficulty trying to write and speak the English language. You've got quite a posting history. You must be a professor, right? Thanks for the laughs, genius.

  • Reply to

    Market has spoken....this is a chihuahua at best !

    by thuyai40 Apr 20, 2015 6:44 PM
    sillysally2938 sillysally2938 Apr 21, 2015 8:57 AM Flag

    thuyai40-- what planet are you from, numnutz? I'm at HD every other day and watch people buying bulbs. Sure, lots of people are confused because there are too many brands on the shelf. BUT, they're buying LED bulbs, fool. EVERYBODY knows that CREE's the leader in the LED business. Maybe some aliens don't. Just look at you, bud. Stick your face way out there- a pie's headed your way.

    Sentiment: Hold

CREE
32.32+0.450(+1.41%)Apr 27 4:00 PMEDT