Market Watch: Eye on CREE Inc…

Synopsis of recent events:

-Cree, Inc. And Arrow Electronics, Inc. Signs Distribution Agreement To Serve Global Adoption Of Silicon Carbide-Based Power Electronics…expanding Cree product offerings to now include power products.  (Nov 21)

-Cree, Inc. Issues Q3 2010 Guidance Above Analysts’ Estimates…fiscal 2nd quarter profits tripled results

http://www.reuters.com/finance/stocks/keyDevelopments?rpc=66&symbol=CREE.O&timestamp=20080824233600