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Technology Stocks : Wolf speed
WOLF 18.60-1.5%Jan 9 9:30 AM EST
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To: Ron who wrote (830)4/28/1998 7:35:00 PM
From: glen  Read Replies (1) of 10714
 
Hello Ron-

This is probably the reason behind CREE's move to 17 1/2 (today's high). IMHO, it bodes well for future stock price increases in both CREE and CTHR. Technically, On Balance Volume is back in an uptrend and CREE is being accumulated. A bottom is being formed and the next close above 19 1/2 should carry the price into the 22-26 area.

Regards,
glen
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