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To: tekboy who wrote (3391)	8/2/2000 6:15:08 PM
From: Yogizuna	Respond to of 10713

I'm a bit less worried now too, and the bid/ask has come up pretty nicely in the last 45 minutes on CREE, from where it was threatening to break below 80..... For those who bought north of 120 or so and do not wish to sell their shares, they may want to consider averaging down a bit in here somewhere to lower their total cost basis. Yogi

To: tekboy who wrote (3391)	8/2/2000 9:50:50 PM
From: DlphcOracl	Respond to of 10713

tekboy: Even if there isn't anything in the conference call to explain the sell-off and there isn't anything lurking behind the scenes that we don't know about (a la Citrix), when a stock sells off this dramatically on high volume, and breaks its 200-day MA in the process, I sell first and ask questions later. I am not a technician, but this stock has broken all support and, at best, will need to base for a while before it recovers. In this market, I suspect it will trend down or tread water (after the traders and mo-mo players try to catch the "dead-cat-bounce" tomorrow and Friday). If there is indeed nothing fundamentally wrong with the stock, there will be ample opportunity to re-enter it, probably at a lower price. JMO.

To: tekboy who wrote (3391)	8/2/2000 11:09:08 PM
From: KevRupert	Respond to of 10713

tekboy, These tech stocks are becoming a bit too much! No one knows for sure if cree is about to do a Citrix! Violent swings, in one day, of 30% are becoming common place. If cree ended up @ $35 next week I wouldn't be surprised. On the other hand if it ended up at $135 I wouldn't be surprised either! It's becoming just one big gamble on these tech stocks. Unless one is an analyst or an insider, who can have any confidence to know exactly what is going on? Are you comfortable with the volatility? advalorem@whatsthesymbolforaboringstocklikeboeing.com