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Technology Stocks : Wolf speed
WOLF 17.20-0.8%Nov 21 3:59 PM EST

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To: Labrador who wrote (4024)10/13/2000 9:52:25 AM
From: Labrador   of 10713
 
Briefing.com 09:40 ET Cree (CREE) 77 31/32 -17 3/32 (-18%): Stock down sharply this morning following report of Q1 earnings that were 2 cents above Wall Street views. Decline in stock being attributed to margin concerns. However, unable to find a mention of this issue in any of the reports we have seen this morning. In fact, Wall Street seems to be extremely positive. (Could be a case of a momentum stock simply not beating estimates by a wide enough margin).
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