Wolf speed Message Board

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Technology Stocks : Wolf speed

WOLF 18.42

+0.4%

Dec 24 12:59 PM EST

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To: TigerPaw who wrote (3647)	8/18/2000 9:01:52 PM
From: unclewest	Read Replies (4) of 10714

tp, i have no information about ge except this... ge asset management reportedly owns about 5% of cree. i have been told they have sold some...but that info is about 6 months old...and before cree's purchase of nitres... so i give that info a zero...but i'm trying to tell you what i know. i also understand nitres had some deals working with ge...i wondered if cree outmaneuvered ge...hehe....maybe they were planning big jack's retirement party and not paying attention to lights. cree lighting is about to start producing revenues soon. expected start date is in the second half of cree's fiscal year...which began july 1st. ceo led me to believe the upside could be 10% of total revs this year...that would be phenomenal imo. another 10% on top of the known +60%...and this from an upstart that won't start rolling until the 3 q at the earliest. it means a new business would rollout with 15 million in revs the first few months...i believe the margins will at least equal and probably be higher than cree's existing +50%. hope they ipo that one. ge probably has an interest in lights. that is a rumor too. :o) the rumor i have..and i repeat rumor...is ge wants cree's leds. i was told but cannot verify yet...that ge asked cree if they could produce trillions of SiC leds. cree presently produces about 500 million per year by my calculation... assuming trillions is at least 2 trillion...that would be 4,000x increase in production....please check my math. i like cree... btw...stuart steele (everyone won't know who he is...but you and i do) and i still exchange info...he told me last week that he is in cree...i did not ask him how many shares..i did not want to embarrass myself if he asked me how many i have...normally he does not want his positions known. but he forgave me before...i hope he will again. he is not the source for any of the info i just posted. except of course that he is in. i am sure he will enjoy reading this though. then ya throw in a few power devices, a coupla rf/microwave devices, a blue laser here and there...and before ya know it you might have a company with some potential. hope you are well and prospering, unclewest@adealwithgeisbetterthanabuyoutforus.com

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