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Strategies & Market Trends : Trend Setters and Range Riders
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To: SusieQ1065 who wrote (5198)5/18/2001 5:57:20 PM
From: keithcray   of 5732
 
15:34 ET Cree (CREE) 34.03 +3.23 (+10.5%): -- Update -- After searching for an hour for reason behind CREE move, we come up with a rumor that company is being eyed by General Electric (GE) as a takeover candidate. That we were forced to beat the bushes for explanation gives some idea of how widely disseminated this rumor is in the market... Other sources calling the CREE move a technical breakout.
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