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To: StockHawk who wrote (14005)1/3/2000 5:51:00 PM
From: 100cfm  Respond to of 54805
 
Stock Hawk thanks for that post.

100



To: StockHawk who wrote (14005)1/3/2000 7:33:00 PM
From: unclewest  Respond to of 54805
 
By Herb Greenberg
Senior Columnist
7/30/99 6:30 AM ET

So, an item here yesterday questioned whether Cree Research (CREE:Nasdaq) would be able to continue to get 20% of its revs from C3 (CTHR:Nasdaq), which makes fake diamonds made of moissanite. Cree sells silicon carbide crystals to C3, which uses them to make the fake gems, and C3's sales growth lately has paled compared with its own estimates.

A Cree spokeswoman wasn't available at the time, but she called yesterday with what seems, on the surface, to be a simple answer: Cree will get 20% of its revs from C3 because C3 has a sales agreement with Cree that requires C3 to buy all of Cree's silicon carbide crystal production through next June.


i think herb blew that call. cree's revenues increased 60% and earnings 100% since he wrote that in july.

biz.yahoo.com