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To: Mike Buckley who wrote (22721)4/14/2000 10:23:00 AM
From: unclewest  Read Replies (1) | Respond to of 54805
 
hi Mike,
i saw that someone posted the cree earnings report last night.

there is an error....
a friend just e-mailed me the following.
unclewest

<<from their web site and news article:
"Net income increased 171 percent to $9,155,000
compared to $3,377,000 in the year ago period"

IF the dollars are right the percent increase is 271%
not 171%. It didn't look right but my calculator
don't lie. >>



To: Mike Buckley who wrote (22721)4/14/2000 10:58:00 AM
From: John Stichnoth  Respond to of 54805
 
Mike, Is there any reason you couldn't use historical actual growth against historical PE, as a proxy for historical PEG ratios? Earnings and prices are easy to find. Separately, we can judge the accuracy of earnings estimates in Zacks over the last 5 quarters.

Just thinking out loud.

Best,
John