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Technology Stocks : Wolf speed
WOLF 17.40+1.7%3:59 PM EST

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To: unclewest who wrote (2448)3/17/2000 11:56:00 PM
From: BDR  Read Replies (3) of 10714
 
Blue Lasers

MVIS paid Cree $2.5 million, if memory serves me, to support Cree's research into developing a blue laser. Cree reciprocated by buying shares in MVIS. What does the thread think of the following press release? Is MVIS just hedging their bets on blue lasers? Have they decided someone else is more likely to develop a commercial blue laser before Cree?

prnewswire.com

Microvision Makes Strategic Investment in Laser Development Company



Technology is Expected to Enable Laser-Scanning Projection Display Systems

BOTHELL, Wash., March 17 /PRNewswire/ -- Microvision, Inc. (Nasdaq: MVIS)
today announced that it has made a strategic equity investment in Gemfire
Corporation, a closely-held, Palo Alto, California-based developer of
high-intensity laser light sources.
Gemfire has developed proprietary technologies utilizing standard,
low-cost components and planar processing techniques to enable volume
production of high-brightness red, green and blue laser sources.
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