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Technology Stocks : Wolf speed

WOLF 18.63

-6.0%

Dec 12 3:59 PM EST

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To: JH who wrote (4507)	12/11/2000 9:41:16 AM
From: JH	Read Replies (1) of 10714

Sold 1/3 of my entire position in CREE at opening at around 41-3/8. Believed that the opening +10% gap was a little overdone. Will be buying back at pullbacks, closer to $37-1/2. Not exactly sure why, but the NDX rally has quickly exhausted from a limit-up opening, into a decline. Entered orders to sell at 41, 41-1/4, and 41-1/2 in a 1:1;2 ratio. Drats! The last one did not fill, so I sold less than I thought. Think I'll buy 'em back in a hurry if the market can hang on in positive territory. Cree now $40.

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