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To: edward_k who wrote (23790)	6/27/2000 7:34:00 PM
From: RR	Respond to of 35685

Hi Ed: I have not heard of anything bad on CREE. I have not looked today, however. The volume was low most of the day until the end. I just briefly looked at time/sales and didn't see any huge blocks going through, but it is a thin float as you know. I took profits on it yesterday mainly because the chart has been looking ugly, and I wanted to free up some cash to use elsewhere. I still think CREE is a play here. If it holds at this level, I may re-enter. It can turn on a dime. We've seen that happen many times. Looks like it is already back up to 147-153 after hours FWIW. RR