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Technology Stocks : Wolf speed

WOLF 17.20

-0.9%

3:59 PM EST

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To: pompsander who wrote (3408)	8/4/2000 12:06:25 PM
From: Robert Jacobs	Read Replies (3) of 10713

Spoke to Cindy Merrill (CFO Cree) yesterday who confirmed that the 70m of new orders in press release yesterday is in addition to 76m backlog mentioned in conference call. Regarding 3" wafers, they can produce all they need for current orders with 2" now that they are almost defect free (and high yielding with 30k chips per wafer for the smaller leds). They plan to phase in 3" next spring once they are sure they can have the same quality and consistency in mass production. 2" also is OK for first generation microwave devices. How many companies have 140% of previous year's sales booked in first month of fiscal year? None except cree to my knowledge.

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