Wolf speed Message Board

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Technology Stocks : Wolf speed

WOLF 17.96

-6.4%

Jan 23 9:30 AM EST

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To: unclewest who wrote (2536)	3/30/2000 1:49:00 AM
From: wildhart	Read Replies (1) of 10714

Well, is there really much news here. Cree had already announced that they had a one year backlog of orders. Also, recall that LED sales grew 105% in the last qtr. So, in that light the 66% is not that impressive. Of course, "more than 66%" could mean anything. Anyway, this investor is expecting LED growth in the 100% range, otherwise I think the stock price will tank. By definition a tornado is more than 100% growth and a lot of people are conjecturing that Cree is in a tornado. Maybe I'm missing something so if someone has a different take on this announcement please clarify. why.Thanks. I am way long on Cree and bought some more today at 140

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