Wolf speed Message Board

STOCKTALK

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 18.37

+2.7%

Dec 19 9:30 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: pass pass who wrote (4775)	1/10/2001 2:36:57 PM
From: w2j2	Read Replies (1) of 10714

Pass: Cree and C&C (fromerly C3) have always worked closely together. C3 was a brainchild of the Hunter brothers to realize the market potential of silicon carbide as a gemstone (moisanite). C3 paid a lot of money to Cree in the past for gemstone quality moisanite, and also paid for R&D and equipment. (This money had been raised in the C3 IPO) This benefitted Cree by increasing revenues at that time. Now Cree does not need revenues from C&C, but must honor contracts to supply C&C with moisanite. There is no other supplier of gem quality moisanite. Besides, if marketed correctly, moisanite jewelry could still potentially become a significant money maker for both companies. If C&C had been a success, Greenberg would have nothing to say. Unfortunately, till now C&C has not been a success. This has no bearing on Cree. Obviously you and I both believe Greenberg and his short seller friends are very, very wrong about the prospects for Cree. wj

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next