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Strategies & Market Trends : The Covered Calls for Dummies Thread

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To: waverider who wrote (624)5/19/2001 12:37:27 PM
From: T L Comiskey  Read Replies (2) of 5205
 
Rick...good call on CREE

T
from Briefing.com
3:34PM 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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