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Technology Stocks : Wolf speed

WOLF 22.07

-3.0%

Dec 5 9:30 AM EST

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To: RocketMan who wrote (1473)	1/7/2000 4:31:00 PM
From: Pete Mimmack	Read Replies (1) of 10714

RM - looking at p3 of the link UW provided, their ratings are for the next 12 months only. Buy means 20%+; Outperform 10-20; Neutral < 10% . They don't seem to put a tag on the Long-term. Since their 12-month target is 90, that's 20% above 72, and they may have figured that most of the customers reading the report wouldn't be able to get it that cheap. Which of course is true if they didn't buy early today! Interesting that we're up 11% today alone, which means we've already outperformed for the year, by their standards! Anyway, I'm a bit giddy, since my trade went at 70. Nice way to start with fresh shares. Pete

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