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Technology Stocks : Wolf speed

WOLF 18.56

-6.5%

Dec 12 9:30 AM EST

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To: Jimmyjohn who wrote (5491)	7/24/2001 8:38:19 PM
From: unclewest	of 10714

replay available here... cree.com click on conference call click on replay Pomp, i listened to the call...but missed the QA...will listen tomorrow. grandson baseball this evening. all is well in creeland. imo the new product rollout is the key. more new product announcements are coming, beginning this q. we have heard about all of the SiC uses for years. now commercialization has begun for several new products. as the new products cross the chasm and enter the bowling alley, cree, as 95%+ producer of the world's high quality SiC, is in the cat bird seat. i believe the excess SiC production developed last year is an essential part of this game plan. LEDs are 65% of revs and there is no slowdown in sight...i was walking around my new house in the dark last night marveling at how many LEDs we have glowing in the dark. Hunter said it last q...."if you are a long term investor, you will be fine." cree is carried in the semi index and is subject to the moves within that index...but cree is the only one projecting anything close to this growth. the rest are searching for market bottoms while cree sails merrily along. i agree with some of the shorts that a double bottom would make the chart look better, but i have dozens of examples of single V bottoms in my chart books. uw

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