Mr. Wynn

Not All Is Green in Alt. Energy ETF Land

Cree's whole business today is pointed towards LED lighting. Take a look at their website. Yes, they make chips, LED chips to be precise, but they are the largest LED lighting manufacturers in the world if I'm not mistaken. They are in the forefront of the next big change in environmental lighting, will it be compact flourescents or Light Emitting Diodes? I'm going with LED lighting. It still needs to produce more candlepower for some situations, etc., but for lower light environments it can't be beat. And the cell phone you're holding is backlit probably with a Cree LED chip. As the backlighting in your car's dashboard instrument cluster probably is, too. This company's going to be the major producer of most if not all of the lighting solutions for at least the first fifty years of this century.