Cree shares rose 1.28% during the normal trading session on the 8th, closing at 37.10 US dollars, the highest since September 9; the follow-up rose 0.73% to 37.37 US dollars. Cree Inc. announced on September 8 that the company will issue 11 million shares of common stock. Cree said that $150 million of the proceeds will be used to cover capital expenditures for fiscal year 2010, while the rest will be used for general corporate purposes such as strategic investments.
Cree predicted on August 11 that this quarter (July-September) earnings per share will be between 0.21 - 0.23 US dollars, sales revenue will be between 1.60-1.66 billion US dollars. Cree2009's fiscal fourth quarter (April-June) earnings per share reached $0.18; sales revenue increased 9% to $148.1 million. Cree Chairman and CEO ChuckSwoboda pointed out in a press release that the strong performance of the April-June financial report reflects the company's successful strategy to promote the LED and LED lighting applications market. He also said that looking forward to the fiscal year 2010, the company's backlog of orders from July to September is very strong, and the demand for LED product lines is gradually rising.
Coaxial Cable is a type of cable that has an inner conductor surrounded by a tubular insulating layer, surrounded by a tubular conducting shield. Many coaxial cables also have an insulating outer sheath or jacket. The termcoaxial comes from the inner conductor and the outer shield sharing a geometric axis. Coaxial cable was invented by English engineer and mathematician Oliver Heaviside, who patented the design in 1880. Coaxial cable differs from other shielded cable used for carrying lower-frequency signals, such as audio signals, in that the dimensions of the cable are controlled to give a precise, constant conductor spacing, which is needed for it to function efficiently as a radio frequency transmission line.
Coaxial Cable
Coaxial Cable, Micro Coaxial Cable, Digital Coaxial Cables, Indoor Coaxial Cable
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