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Technology Stocks : Wolf speed

WOLF 18.42

+0.4%

Dec 24 12:59 PM EST

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To: 2MAR$ who wrote (3731)	8/24/2000 5:47:46 PM
From: MARK BARGER	Read Replies (1) of 10714

Was at the Cree plant today. I have become big friends with the receptionist. I tell her what the stock is doing every time I'm there. She confirmed that Neal was speaking in Atlanta today for the Goldman Sachs presentation. They had shipped down some demos or whatever for the presentation. Cree will have 10 bldgs. after this phase of the expansion is complete. They have around 4 bldgs. now and are building 3-4 more and have bought the 1 additional. They will be in the new admin. bldg. in time for the shareholders meeting, which I plan on attending. The employees I speak with are very bullish, and love to hear the tidbits I tell them about UTCI, Sterling, etc. They relayed than an engineer went to interview at UTCI and said the clean room was a joke. Competition is always good for business, but Cree is so far ahead of any SiC rivals it's amazing. Still no news on RF or laser, but it's just a matter of time. Tons of action at the plant. They also commented that management had made several smart moves lately to help the them cope with the extreme growth rates. Looking at the fundamentals I love this company. I have been impressed with every single Cree employee I have met. All upbeat, working like crazy, and all really respect Neal Hunter and say he has it all under control. Great move today, up 11+ pts. Contrads. longs. MB

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