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Technology Stocks : Wolf speed

WOLF 22.07

-3.0%

Dec 5 9:30 AM EST

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To: unclewest who wrote (3907)	9/24/2000 12:32:54 PM
From: patricksullivan1	Read Replies (1) of 10714

Unclewest I see the Cree suit against Nichia as one more stepping stone to the announcement of the blue laser. This product has the potential for a few billion $ in sales/year. Hunter has said that he won't announce it until it can be produced in high volume and be sold for $15. The new plant coming on line in a few months could solve the capacity issue. I believe the real purpose of the lawsuit is to convince the blue laser customers that Cree really has clear IP ownership of the technology. Since, it will probably take a few months for the legal situation to be resolved I doubt the laser will be announced soon. Hunter projected that the blue laser will be sold in FY02 and this suit is probably setting the legal groundwork. Pat

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