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Technology Stocks : Wolf speed

WOLF 17.19

-3.5%

Dec 17 3:59 PM EST

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To: Jack Hartmann who wrote (4517)	12/11/2000 9:54:41 PM
From: James Hutton	Read Replies (1) of 10714

I remember when shorts were all over Biovail - BVF - because that company essentially dumped all of its R&D into a separate company (the name escapes me). Ultimately, shorts lost and stock has done well. THat's the example that initially came to mind when Herb raised the issue. The way I see it, if CREE had never had any market other than gemstones, then this would be an issue. Cthree is history though and is completely irrelevant to Cree's revenues and earnings. My bigger concern with CREE - and I am a long term holder - is whether RF devices will sell as well as all longs hope. Good luck. Jon

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