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Technology Stocks : Wolf speed
WOLF 20.35+2.2%Jan 16 9:30 AM EST
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To: unclewest who wrote (5154)3/8/2001 11:43:07 AM
From: puzzlecraft  Read Replies (1) of 10714
 
UW.....

You say "now predicting 45 million for this quarter and 15% less or 38 million for 4th quarter."

Cree's PR yesterday said "today reaffirmed its third quarter fiscal year 2001 targets for.... revenue of approximately $52 million." and "fourth quarter of fiscal year 2001 will be reduced by 10-15 percent below the third quarter of fiscal year 2001.... targeted revenue range of approximately $45 to $48 million".

Where are you getting your significantly lower figures?

That said, the higher figures in the PR for fiscal '01 mean CREE is expecting about 24% rev growth for '02, using averages.

.....PC
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