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Strategies & Market Trends : Gorilla and King Portfolio Candidates -- Ignore unavailable to you. Want to Upgrade?

To: DownSouth who wrote (21722)	3/29/2000 5:10:00 PM
From: Dinesh	Read Replies (1) \| Respond to of 54805

tb: CA DS: I don't see any difference. The criterion was performance; and the net effect on the company balance sheet is the same. For all practical purposes, the company could have offered stocks and the duo excersized them for immediate sale. If anyone needs to be faulted, it should be the board. But we don't do that often enough, do we ? Regards Dinesh

To: DownSouth who wrote (21722)	3/29/2000 9:56:00 PM
From: Ruffian	Read Replies (1) \| Respond to of 54805

Cree Says Sales May Surge on Cell-Phone Demand for Its Diodes By Jonathan Berr Cree Says Sales May Surge on Cell-Phone Demand for Its Diodes Durham, North Carolina, March 29 (Bloomberg) -- Cree Inc. Chief Financial Officer Cynthia Merrill said the company's sales may increase more than 66 percent this year on rising demand for its diodes used in cellular phones and car dashboard displays. ``We probably have sold much of our production capacity for the rest of the year,' said Merrill. Cree makes blue light-emitting diodes, or LEDs, which produce the light background that lets viewers see images on small screens. The company's sales may surge to $100 million this year from $60 million in 1999 as companies sell more wireless phones that provide Internet access, Merrill said. Cree's LEDs are less expensive than competitors like Uniroyal Technology Corp. because it uses man-made crystals rather than costly man-made sapphires. ``Their competitive position is absolutely incredible,' said Hans Mosessman, an analyst with Prudential Securities Inc., who rates Cree a ``strong buy.' ``Cree has been doubling and tripling capacity every year.' Shares of Durham, North Carolina-based Cree, which have risen more than six-fold in the past year, fell 14 3/16, or 9.2 percent, to 140 1/16. Uniroyal Technology of Sarasota, Florida, may double its production capacity even though the company won't begin shipping its product until June, said George Zulanas, Uniroyal's chief financial officer. ``This is lunacy when you think about it,' Zulanas said. ``But the market demands are there.' Shares of Uniroyal fell 7/64 to 53 9/64.