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niuniu
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Commodity trader
  • CREE king of the LED 3 comments
    Apr 9, 2010 3:12 AM | about stocks: CREE
    I've been doing research on LEDs. There are more than ten thousand companies in China that manufacture LED lightings. Most of them use CREE light source. CREE makes the best blue LEDs. Even company like Lumis uses Cree's chip to make its own RGB LED. I've read somewhere that all traditional lamps will be replaced by LED lights. As the technology advances, LED lights will become more affordable. This market has huge potential.

    Disclosure: No Position
    Stocks: CREE
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  • thevoice@voicedup.com
    , contributor
    Comments (56) | Send Message
     
    This would have been good info to know about a year ago when CREE was trading below $20. Do you think the current price takes this into consideration?
    9 Apr 2010, 12:33 PM Reply Like
  • niuniu
    , contributor
    Comment (1) | Send Message
     
    Author’s reply » Yes, it's late, but not too late. The LED technology is still not mature enough. LED lightings are expensive. I read somewhere all light bulbs will be replaced by LEDs by 2012. This marketing is just emerging.
    12 Apr 2010, 08:41 AM Reply Like
  • thevoice@voicedup.com
    , contributor
    Comments (56) | Send Message
     
    Do you know of any competitors that will stand to reap benefits from this upgrade that are not trading at a P/E of 100 and more? That also have positive returns on assets, equity and investments.
    12 Apr 2010, 11:58 AM Reply Like
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