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To: unclewest who wrote (1274)	11/18/1999 2:38:00 PM
From: pompsander	Read Replies (1) \| Respond to of 10713

Uncle...you just made a point I had intended to make. The certain movement of CREE to 67-68 in the near future will cross the invisible market capitalization line of 2 billion dollars. Many funds and private investment managers have either mandated or informal rules on which companies they will invest in, per cap. (I had a great visit with one private manager who invests for a large trust I work on...his firm would not allow him to invest in public companies with less than a 3 billion market cap. He was chomping at the bit to buy a piece of a company called Qualcomm. Wanted to add to the position over months since he strongly believed in the story and felt the market had not yet seen it. Well, he eventually did get in, of course, but could not utilize his investable funds as efficiently as he would have otherwise due to his firm's rules. When the Q exploded, he had to buy in at higher and higher price points instead of having put it all in on the ground floor. Anyway, I am sure there are managers and funds watching CREE very closely and hoping to get in at both the "right time" and the "right price".. When a stock like CREE finally launches and rockets through the various screens managers use for acceptability of purchase, the resulting added liquidity can be terrific fuel.