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To: Lee Fredrickson who wrote (1332)12/5/1999 11:43:00 AM
From: Kelvin Taylor  Respond to of 10714
 
Here are info on CREE for those new to the company. I'm a BIG fan of this company.

Location
4600 Silicon Drive
Durham, NC 27703
Phone: (919) 313-5300
Fax: (919) 313-5452
Employees: 390

Cree Research, Inc. develops, manufactures, and markets silicon carbide-based semiconductor devices. For the 13 weeks ended 9/26/99, total revenues increased 63% to $20 million. Net income rose 96% to $4.6 million. Revenues reflect increased sales volume of light emitting diodes and high brightness chips. Earnings also benefitted from higher interest income and increased margins due to lower prices and higher volume of high brightness products.

Key Stats:
YTD Price Change: +190%
Value of $10,000 Invested 12/31/93: $160,000

5-Year P-E High 91.1
5-Year P-E Low 33.6
Stock Splits During Last Five Years: 2-for-1,'95,'99

EPS($) 0.45(FY99)
EPS estimate($): 0.66(FY00), 0.88(FY01)

Based on current price of $66
PE for FY00: 100
PE for FY01: 75
Next Qtr. (Dec) EPS est.($) 0.15 vs Dec. 98 0.10 or 50% increase!