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

To: MulhollandDrive who wrote (3352)8/2/2000 12:11:49 PM
From: MARK BARGER  Read Replies (1) | Respond to of 10714
 
Did anyone else hear the same Cree conf. call I heard a couple of days ago, and about 25 pts. ago? The one where gross and net margins were at their highest ever. The one where Neal lowballed 65% earnings growth next year? Did anyone else hear Neal say that the first half of the year was sold out and they were taking order to close out the 2nd half of the year? What am I missing?

2 million shares traded by lunchtime.

Being the idiot I am, I picked up more today at 99.

MB



To: MulhollandDrive who wrote (3352)8/2/2000 12:16:06 PM
From: pompsander  Read Replies (1) | Respond to of 10714
 
Hi Betty: This price action is certainly puzzling. Somebody does not want to own CREE right now. And yet, the story remains pretty compelling. Well, as with all things the truth will come out sooner or later.

Dumb me sold some Aug. 120 puts. In about a week I may have to start planning a little damage control.


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