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.
Pastimes : ASK Vendit Off Topic Questions

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Venditâ„¢ who wrote (17941)1/6/2001 4:36:42 PM
From: mishedlo  Read Replies (1) of 19374
 
Do you expect CREE to hold the channel (roughly 30-40) as it has been there for a month or so, or do these things usually break down?

CREE has gaps at 25 and 22 from Nov and Oct of 99.
Are you a firm believer that all such gaps fill?

I am heavy in cash, with PUTs on financials right now.
Thinking of a hedge with long calls on CREE and or CRA. Both seem to be near what I would consider their ultimate bottoms.

CRA has $1B in cash on hand which is about $18 of their share price and book value is 21.

Any thoughts?
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext