SOURCE: The Bedford Report

The Bedford Report

December 17, 2010 11:25 ET

LED Manufacturers Could Face Significant Headwinds in 2011

The Bedford Report Provides Analyst Research on Cree & Veeco Instruments

NEW YORK, NY--(Marketwire - December 17, 2010) - As a whole, the semiconductor equipment and materials industry has posted significant gains in 2010. Revenues have surged thanks in part to mobile devices, tablet computers and even the emerging solar market. Emerging markets are expected to play a critical role going forward as established markets are becoming saturated. Competition is fierce in emerging markets, however, making it challenging for investors to differentiate industry leaders from laggards. The Bedford Report examines the outlook for companies in the semiconductor equipment and materials industry and provides research reports on Cree, Inc. (NASDAQ: CREE) and Veeco Instruments, Inc. (NASDAQ: VECO). Access to the full company reports can be found at:

www.bedfordreport.com/2010-12-CREE

www.bedfordreport.com/2010-12-VECO

Several companies in the industry who specialize in LED products have suffered significant selloffs already this fall. When Citigroup downgraded Veeco earlier this month, it sent the LED sector into a whole new tailspin. Citigroup analyst, Timothy M. Arcuri's concern was that policy changes in China could lead to a significant falloff in orders next year.

The Bedford Report releases regular market updates on the semiconductor equipment and materials industry so investors can stay ahead of the crowd and make the best investment decisions to maximize their returns. Take a few minutes to register with us free at www.bedfordreport.com and get exclusive access to our numerous analyst reports and industry newsletters.

Cree, meanwhile, has recovered nicely following a huge share price plunge in October. The selloff happened after the company issued poor guidance for the fourth quarter. Cree said it expects adjusted second-quarter earnings of 56 cents to 60 cents a share on revenue of $270 million to $280 million.

The Bedford Report provides Analyst Research focused on equities that offer growth opportunities, value, and strong potential return. We strive to provide the most up-to-date market activities. We constantly create research reports and newsletters for our members. The Bedford Report has not been compensated by any of the above-mentioned publicly traded companies. The Bedford Report is compensated by other third party organizations for advertising services. We act as an independent research portal and are aware that all investment entails inherent risks. Please view the full disclaimer at http://www.bedfordreport.com/disclaimer

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