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Technology Stocks : Wolf speed

WOLF 21.86

+7.6%

2:38 PM EST

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To: rushnomore who wrote (2114)	2/16/2000 8:03:00 PM
From: Robert Sheldon	Read Replies (2) of 10713

Robert, what is the connection between CREE's products and WAP stocks? I need to know because I am invested in both. CREE's LED applications can used in high-volume applications such as liquid crystal display backlighting, significantly increasing the size of the screen available. During the fourth quarter CREE was designed into a NOK phone for just this reason. Because CREE has come up with the technology to allow handset manufacturers to expand the size of the screens, we should see less reliance on WAP in general. After all, if your have a larger screen, why worry about cutting out graphics and other "information". In addition CREE's relationship with MVIS could lead to the outright dumping of all WAP technology (this would be a few years out) through the "beaming" of the screen into one's eyes. Now, I am not saying that WAP companies will be out of business tomorrow, but considering today's inflated prices for these companies and the reasonable probability of folks like CREE succeeding in the areas I described above, why risk your dollars in WAP companies when there are so many other good investment themes available with fewer doubts? I hope this helps.

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