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Technology Stocks : Wolf speed
WOLF 18.96-3.7%10:49 AM EST

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To: donjean1 who wrote (3095)6/29/2000 12:24:00 PM
From: MARK BARGER   of 10714
 
Sheeesh, does Cree look crappy lately. I own a bunch of Cree in several accts. including 1 trading acct. I sold all of my Cree in my trading acct. today right at the open. Market looks bad, Cree looks bad, I thought the market would rally after the Fed announced yesterday.

I bought back 1/3 of my traders at 137, and will wait to see what happens the next week or so.

Still very bullish about Cree fundamentals bought think the TA sucks. Nobody really wants to step in from of Cree's sliding price and buy it with any real conviction. Pitiful volume lately, I agree that we're at the mercy of the MM's.

I remain bullish on Cree, but have no idea where we are heading short term. So what's new!?

MB
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