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Technology Stocks : Wolf speed

WOLF 17.92

-0.4%

9:32 AM EST

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To: gEc who wrote (3975)	10/9/2000 8:52:47 AM
From: MARK BARGER	Read Replies (1) of 10713

Harvest, one of the Cree guru's on the Yahoo threaded posted his predictions of this thurs. earnings report. He sees revs. increasing at a whopping 20% sequential rate. If earnings do come in at .36 as he is predicting, Cree will absolutely rock. Cree has been very conservative in their earnings the last couple of years in order to maintain a steady upward climb. I would view anything north of .35 as exceedingly bullish, as they will write off all that they can. Why load up this quarter in this crappy market? We'll see in a couple of days. --------------- june 00---------------------- --------------- Revenues-$32.7 + 82%--------- ----------------EPS-.30 +150%---------------- ----------------Net Income $11,357 +183%----- ----------------My Estimate------------------ ----------------Sept 00---------------------- ----------------Revenues-$39/40+ 80to100%---- ----------------EPS-.36/38 +140/150%--------- ----------------Net income-$13,500 +195%----- May not hit .38 because of write offs or other action to lower earning like the acceleration of depreciation to lower earnings in the last qt.

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