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Technology Stocks : Wolf speed -- Ignore unavailable to you. Want to Upgrade?

To: sbaker23 who wrote (3316)	7/31/2000 11:18:20 AM
From: 993racer	Read Replies (1) \| Respond to of 10714

also from IC Design, as per Fran Barsky 3 giant screens at Republican Convention are lit by CREE Led's

To: sbaker23 who wrote (3316)	7/31/2000 11:25:42 AM
From: MARK BARGER	Read Replies (1) \| Respond to of 10714

Can't wait to see the fluff piece on Cree tonight. I listened to the conf. call replay on Sun. I was very impressed. RF revs. to ramp up to 10% of revs. (around $20 mil. for the year) New products out of Nitres (Cree lighting) within 6 months. New RF products coming, higher wattage transistors. I think that Nitres principals have been putting pressure on the stock lately, along with the tech wreck. I see Mr Market valueing Cree at 40 times next years revenues of around $190 mil, with 35 mil. shares outstanding. Works out to around $217 a share. Is anyone else a little disappointed Cree didn't announce a stock split. If not now when? Clearly the directors are focused on the long term, to their credit. But, with the miniscule float, I think it would get rid of a lot of the volatility and get that monkey off it's back. A lot of idiots I talk to think of Cree as only a great trading vehicle, but too volatile for a long term hold. I can see no argument at all for not splitting. Oh well, Cree - keep up the good work. MB

To: sbaker23 who wrote (3316)	7/31/2000 2:59:55 PM
From: Yogizuna	Respond to of 10714

Thank you for the "heads up" there, as I was starting to fall asleep waiting for Cree Research to be featured on CNBC! The hourly chart has been working on it's own with the current rally and had become a bit overbought in the process so we backed off from the highs today..... But some positive news is the daily chart is still oversold here, while on the negative side the weekly chart could use some more work to have the charts firing on all cylinders. It will be interesting to see if we can get a daily chart standard buy signal tonight. Yogi