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Strategies & Market Trends : Gorilla and King Portfolio Candidates

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To: mtnlady who wrote (15672)1/19/2000 5:30:00 PM
From: MARK BARGER  Read Replies (1) of 54805
 
mtnlady, re: cree's 18% growth in succesive quarters. Cree is restrained by production constraints. They are increasing yields constantly which help there production totals, but until they complete their plant expansion this fall, they can ramp up revenues only so much. They have an ever increasingly huge backlog to work off, and are taking the necessary steps to address the ramp up of production. Remember, only 2 1/2 years ago they were a $20 mil. a year company. It is my opinion that CREE is about 6 months away from the tornado. When the raio frquency and microwave transistors are added to production is when the tornado will officialluy begin, but by that time you will pay much more than $94 a share for CREE. ALL IMO

Mark
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