Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: pompsander who wrote (3454)	8/3/2000 12:24:00 PM
From: patricksullivan1	Read Replies (2) \| Respond to of 10714

I apologize if this repeats but SI lost the first version. There is an interesting comparison in the behavior of Cree stock price last summer and now. On 7/13/99 Cree announced a 2/1 stock split and the stock made a high of 41 that day. By 8/4/99 the stock had declined 43% to 23.5. On 7/14/00 Cree hit a high for the day of 157 and has declined 46% to today's low of 84.75. Very similar behavior but the 72 point decline feels a lot more painful than the 17.5 one. By 8/26/99 Cree recovered +49% to 35.13. Pat