SOURCE: Bollinger Report

May 24, 2012 09:00 ET

A Forward Look, the Year Ahead - Featured Research on Level 3 Communications, Inc. and Cree, Inc.

HONG KONG--(Marketwire - May 24, 2012) - Today, www.BollingerReport.com introduced featured coverage of Level 3 Communications, Inc. (NYSE: LVLT) and Cree, Inc. (NASDAQ: CREE). Full research reports are available to readers at: www.BollingerReport.com/index.php?sm1=LVLT&sm2=CREE.

Economic fundamentals leading into 2012 have set a generally positive pace with GDP growth likely to pick up through the coming year. However, there are several important caveats to note as the world economy continues to face headwinds and risks weigh to the downside. Positive outlooks are conditional on fiscal policy in payroll taxes and unemployment insurance benefits and upon the easing of the European debt situation. A repeat of volatility experience in 2011 is likely in 2012, as perceptions about the strength of the U.S. economy and the euro zone will vary over time as events unfold.

Despite the current situation, our team continues to identify high momentum situations with growth potential -- there remains strong opportunity within careful discretion.

Bollinger Report screened and selected Level 3 Communications, Inc. for its current position within the technology industry. Level 3 Communications, Inc. (Level 3) is a facilities-based provider of a range of integrated communications services. A copy of this report featuring Level 3 Communications, Inc. (NYSE: LVLT) is available at: www.BollingerReport.com/index.php?sm1=LVLT.

Bollinger Report is featuring Cree, Inc. for its changing role within the technology industry. Cree, Inc. (Cree) develops and manufactures semiconductor materials and devices primarily based on silicon carbide (SiC), gallium nitride (GaN) and related compounds. It focuses its expertise in SiC and GaN on light emitting diode (LED) products. It also develops power and radio frequency (RF) products. To download researches and analysis on Cree, Inc. (NASDAQ: CREE) we welcome investors to visit: www.BollingerReport.com/index.php?sm2=CREE.

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