SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Wolf speed
WOLF 18.06-5.9%12:41 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Jimbo Cobb who wrote (4385)11/29/2000 2:14:37 PM
From: MARK BARGER  Read Replies (2) of 10714
 
Thanks to Cree, I have no cash either!!!!

But, yes, Cree will earn over $1.50 this year and close to $3.00 next year. The next couple of quarters could be rocky as they work thru this latest acquisition. But Cree is set for increased hypergrowth next year as these new prodcuts kick in. LED's are sold out for the next year. They are increasing LED production by 8 fold in the next 9 months. They are the low cost producer because of their SiC substrate.

Bottom line: they are sold out for the next year, and will soon open a new production line to address this backlog. Cree is a table pounding, screaming, back up the truck BUY!!!
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext