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Non-Tech : The Critical Investing Workshop -- Ignore unavailable to you. Want to Upgrade?

To: Boplicity who wrote (31524)	9/1/2000 11:30:29 AM
From: organicgerry	Read Replies (1) \| Respond to of 35685

Greg -- What's your current feeling about CREE? Thanks! INSIDE THE BULL MARKET WIRELESS PORTFOLIO 1. CREE INC. LOOKS SOLID One wireless play that we've been taking a close look at is Cree Inc. (CREE, $140, up 3), which manufactures semiconductors for the wireless industry. Like most every other stock, Cree has fluctuated wildly since reaching a high of $202 in March. It has been on a steep rise this month, and has a number of favorable indicators including momentum, profitability, and order backlog. Cree maintains a high profit margin ratio compared to the industry, and is on a strong growth projectile. Their last split was in July 1999, and they are currently beyond their last split price. Cree also recently won some significant contracts recently, which should help to boost this year's revenue and income significantly. Listed as number 11 in Fortune magazine's List of Top 100 Fastest Growing Companies in America, Cree is cited as possessing strong management with good product mix. The company has great potential, and at a current price of $140 we expect it to go much higher, split, and continue to grow."