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To: rakitup who wrote (2370)3/8/2000 2:43:00 PM
From: puborectalis  Respond to of 10714
 
lest we forget.......On January 20, 2000 Morgan Keegan, Inc. analyst Ramkrishna Kasargod issued a 2 page Daily Notes Report on Cree
Research Inc. Report highlights: 'The company reported 2Q00 EPS of $0.18 versus $0.10 in the year-ago period. The fiscal
2000 and 2001 EPS estimates were raised to $0.78 from $0.66 and to $1.15 from $0.88, respectively. The revisions reflected
the successful completion of stock offerings. An OUTPERFORM rating was reiterated.'



To: rakitup who wrote (2370)3/8/2000 3:12:00 PM
From: Jim Goodman  Read Replies (1) | Respond to of 10714
 
hi, Don, my "PSYCLE sm" two-cents, I recently added CREE, finally, as an EVT put, at $ 198. or so, in my NL, with a close stop above, for an initial pullback towards the $ 150 neckline area, anyway, from recent predicted double-top....(along with many other parabolic techs, BTW), we'll see how it acts thereafter... will try to keep in touch....

FYI, I know some of the principals of this co. (and CTHR, a sort-of subsidiary of theirs, also having good people, which you may want to check out down here), in my NL, as a potential long buy with close stop below....
I gave out many parabolics last week for potential corrections of similar ilk....just another example of I.G. rotation, as I teach....anyway, $ 5. to $ 200. on CREE is enuf, even way overboard, technically and fundamentally....there are plenty of other, still-depressed issues with good bottom formations around, here,
best wishes, hope this helps....