Wolf speed Message Board

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Technology Stocks : Wolf speed

WOLF 18.60

-1.5%

Jan 9 9:30 AM EST

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To: Yogizuna who wrote (7163)	8/12/2003 11:52:41 AM
From: Return to Sender	Read Replies (1) of 10714

CREE today traded all the way up to the top of its five day chart. It's overbought short term and due for a bit of a pullback in my humble opinion. If it comes back down then I can buy with much more safety at the price I wanted. If not I still think that there is a decent chance that it will get there between now and October. If I had chased it with a market order then I would have been inclined to short term trade the stock. What I really want is a longer term investment in what I perceive to be the leader in Silicon Carbide and LED chips. I just want it cheaper. RtS

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