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To: Andrew Vance who wrote (9999)	12/3/1997 10:27:00 AM
From: Trader X	Read Replies (1) of 17305

Cree Research stake increased by Vinik WASHINGTON, Dec 2 (Reuters) - A group controlled by former Fidelity Magellan Fund manager Jeffrey Vinik said Tuesday that it has increased its stake in Cree Research Inc to 8.5 percent or 1,085,100 shares. In a filing with the U.S. Securities and Exchange Commission, the group said it most recently acquired 197,000 shares of the Durham, N.C. semiconductor products company between Nov. 7 and Dec. 2 at $21.67 to $26.70 each. -- CREE is up 1 at $25. Kevin

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