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To: pompsander who wrote (3459)8/3/2000 2:11:50 PM
From: ratan lal  Respond to of 10713
 
The danger of forecasting 100% growth is that if you come in at 90%, you get hammered by everyone

AGREE. But it leaves us between arock and a hard place. People will knowck this stock down to a price they would pay for 55-60% growth and then slowly keep raising it as good news start to trickle out till the next earnings report when it would reflect the then growth rate.

Of course the same cycle will start again if they forecast a growth rate lower than the one that people got used to.



To: pompsander who wrote (3459)8/4/2000 9:25:49 AM
From: Yogizuna  Read Replies (1) | Respond to of 10713
 
CREE whipsawed back to a buy signal last night! Yogi