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Technology Stocks : Wolf speed

WOLF 19.64

+13.6%

3:07 PM EST

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To: straight life who wrote (6465)	11/13/2002 11:46:03 AM
From: pompsander	Read Replies (1) of 10713

If memory serves, Cree has been spending about 2 million or so per quarter on litigation expenses. Assuming 90% of this amount can now be reduced from G and A, that is a nice sweetener for the bottom line. Add to this the removal of major legal uncertainty from any pending partnerships or product rollouts, and it would seem to be a major step in clearing the decks for growth. And, what possible benefits may come from cross-licensing? Perhaps there is a tidbit or two of Nichia technology Cree has really been wanting to incorporate into the product stream. Sure seems like a good morning all around

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