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Technology Stocks : Wolf speed
WOLF 22.71+2.8%3:28 PM EST

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To: w2j2 who wrote ()1/7/2000 2:51:00 PM
From: Pete Mimmack  Read Replies (2) of 10714
 
Bought more today, also, on news at YHOO thread:

from Harvest, ' Stephans raises target from $68 to $90 and earnings to .73 from .67 and next yr. to $1.00 from .90. Also stated offering may be used to fund a joint venture of strategic partnership to further unlock the commercial potential of SiC. Under opinion:
"In our opinion NO OTHER STOCK ON OUR COVERAGE LIST HAS AS MUCH LONG TERM POTENTIAL AS CREE". '

Harvest also says there's another road show starting next week, and in case you weren't here in November, that meeting with analysts led to a 2 week jump of 20 pts (50% at the time).

I've been waiting for a pullback to 60ish, based on some TA work, but felt this was important enough to jump in today. If NAZ falls again, "don't worry, we'll buy more". ;-)

Pete
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