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Technology Stocks : Wolf speed

WOLF 18.56

-6.5%

Dec 12 9:30 AM EST

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To: Paul Hackett who wrote (5495)	7/25/2001 11:35:55 AM
From: Jdaasoc	Read Replies (2) of 10714

Paul: indications are that CREE got a pretty good deal. Your statement is partially true as compared to deals that JDSU NT LU & CSCO undertook. However, some of those CEOs who did the deals will not be around to see the good times. CREE still has $350 M in intangibles on books - $5 / share out of $7.8 total book value. Just don't be so surprised if writeoffs of $1 to $2 a share make CREE tank. CREE was $52.5 post split since announcing UltraRF purchase. I am sure that SSO buyers at $40 are just plain happy campers too. In addition, I posted an eetimes link about 2-3 months ago that indicated that UltraRF sales team was primarily acting as distributors of other component manufacturers power devices since market for power devices in general is in the tanks. john PS In how many days is Banc of America or First Union going to flip flop again with sell recommendation LOL Looking to buy CREE in single digits.

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