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internetworkers - someone please explain this

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  • From: Thomas <thomas AT tbeckett.com>
  • To: internetworkers AT franklin.oit.unc.edu
  • Subject: someone please explain this
  • Date: Fri, 20 Apr 2001 13:34:16 -0400


Check the last sentence of the following paragraph from the N&O:

A new chief executive. A slowdown in growth. A slumping stock price.
An unconventional strategy to reinvigorate the business. Combine all
of these and you have a company -- semiconductor maker Cree -- at a
crossroads. The looming question is whether Cree, which has grown from
$7.5 million in revenue seven years ago to $108.6 million last year
and
an anticipated $175 million-plus in the current fiscal year, can
recover
from a modest downturn and get back on the fast-growth track.

Growth from $7.5M to $108.6M in seven years is something like a 46% growth rate. And from $108.6M to $175M is around 60%. How is it that they're not on the fast-growth track? Why is the press punishing Cree?

For purposes of comparison, Wal-Mart's growth rate in the 80s and 90s was in the 35% range.

TaB




  • someone please explain this, Thomas, 04/20/2001

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