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Technology Stocks : C-Cube
CUBE 36.29+0.7%Nov 18 3:59 PM EST

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To: John Rieman who wrote (48026)12/27/1999 12:27:00 AM
From: Stoctrash  Read Replies (1) of 50808
 
CREE ...blue DVD lasers..

"Cree Research will introduce blue laser diode chip for DVD and other optical storage applications in 2001, capping 6-year development effort, CFO Cynthia Merrell said.

Blue laser, which uses shorter wavelength to increase storage capacity of optical disc drives, is being developed for head-mounted displays under $2.5 million contract with Bothell, Wash.-based Microvision. Latter has option to renew contract for another year in May 2000 at $2.5 million and is designing head mounted displays that can access Internet, Merrell said in interview at N.Y. Society of Securities Analysts semiconductor conference last week.

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