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Technology Stocks : Wolf speed

WOLF 17.20

-0.8%

Nov 21 9:30 AM EST

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To: Pete Mimmack who wrote (4139)	10/25/2000 2:56:23 PM
From: MARK BARGER	Read Replies (1) of 10713

Yeah, I think the playsation II takes up around 2 days of LED production. Good PR, and great to be in with Sony but not in itself a huge number of LED's. One day, hopefully soon, fund managers will toss out the high P/E's with low growth and shaky fundamentals. Cree's day will come. Cree is sporting a P/E around 50, with over 100% annual growth. Go figure.

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