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Technology Stocks : Wolf speed

WOLF 18.56

-6.5%

Dec 12 9:30 AM EST

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To: slacker711 who wrote (5488)	7/24/2001 9:28:15 PM
From: Jdaasoc	Read Replies (2) of 10714

I would have to believe that CREE becomes another zero P/E wonder. They paid $110 M for UltraRF that Spectrain had on books @ cash value of $11 M for inventory and 4" GnAs fab. So if $48 M is all CREE has in profits for year they could elect to write all profits away for the year. What's peoples feelings on their selective discloures. Last quarter they hid this high intangibles amount so it must really be a dilly to print their complete financials on paper. john Long and hopeful LT PS Difference between total and current assets have bloated by $350 M. Would have to believe that UltraRF is about 150 M of that non current assets

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