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Technology Stocks : White light from LED

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To: Ken Ludwig who wrote (37)	11/16/1999 11:06:00 AM
From: Will Lyons	Read Replies (1) of 565

Hi Ken et al CREE nd AXTI are not pure plays but may be close CREE has doubled since we began this discussion some few weeks ago, while AXTI has been cut in half. CREE is betting on SeC while AXTI is into GaAs and other compounds. Not sure which is more cost effective and which produces a better light! AXTI has a patented process for producing better wafers for some purposes AXTI also provides solar cells for satellites and a hiccup in that business caused some concern and the recent drop in the price of the stock. Shipment of about one million dollars per month were held up for two months and have only been partially reinstated I think the reaction was overdone. Fourth quarter should still be positive and long run looks great! My physics education dates back to the thirties and after many decades.as an economist I am just now trying to catch up with you guys so perhaps you better do your own DD! Lots of Luck WL

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