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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: Lucretius who started this subject1/11/2002 10:25:15 AM
From: rolatzi  Read Replies (1) of 436258
 
CREE taken out and shot today on earnings disappointment.
Down 25% on flat revenues, they expect 6% increase in revenues for year but
and flat revenue growth for the next quarter. They also claim poor visbility!
I think we can expect similar responses to other high tech company's quarterly
reports coming up. They will be shot down one at a time while the market as a
whole drifts along.

Ro
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