SI
SI
discoversearch

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: Labrador who wrote (4024)10/13/2000 9:52:25 AM
From: Labrador  Respond to of 10713
 
Briefing.com 09:40 ET Cree (CREE) 77 31/32 -17 3/32 (-18%): Stock down sharply this morning following report of Q1 earnings that were 2 cents above Wall Street views. Decline in stock being attributed to margin concerns. However, unable to find a mention of this issue in any of the reports we have seen this morning. In fact, Wall Street seems to be extremely positive. (Could be a case of a momentum stock simply not beating estimates by a wide enough margin).



To: Labrador who wrote (4024)10/13/2000 9:53:23 AM
From: Dalin  Read Replies (1) | Respond to of 10713
 
No....their warning about future margins was a "boiler plate" statement. Tech companies do it all the time....holding down expectations.

:0)

D.