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: Tom Pulley who wrote (4091)	10/17/2000 3:21:45 PM
From: John Carragher	Respond to of 10714

tom got this email from a friend. IBD shows cree in major distribution phase by institutions, as is jdsu & sdli(rating of D). As if we did not already know that. Phase last - who knows - 2 weeks to 2-3 months. Relative strength rating for cree down to 68.

To: Tom Pulley who wrote (4091)	10/17/2000 3:37:39 PM
From: tinkershaw	Read Replies (2) \| Respond to of 10714

but I think for the stock price to outperform we need to see revenue growth accelerating Tom, I absolutely agree with you. It is dang tough knowing the long-run phenomenol success of the company only to see the Street toss it aside as paper trash due to temporary conditions. MR. Hunter has stated (and I believe him due to his characteristic conservatism) that he sees CREE revenues accelerating as we head into the next year or two or so. I see CREE revenue growth accelerating for years to come. This is like owning INTC in 1980 or so, but knowing what INTC was very likely to do in 1980. The potential is just amazing. Since I'm out of money I can't do anything right now (I suppose I could sell of my GSTRF LEAPS...nah, another baby just to prove the Street wrong) and my cost basis is about at break-even right now, I'll just have to sit and bear this CREE abuse. Tinker

To: Tom Pulley who wrote (4091)	11/26/2000 6:50:07 PM
From: Tom Pulley	Read Replies (3) \| Respond to of 10714

Long-term investors: are we in a bear market or a great buying opportunity for growth companies like Cree? - The 10 year treasury note peaked in January 2000 at about 6.7% and has been gradually falling since then to a current rate of 5.7%. This interest rate reflects the market belief that the economy is slowing. As soon as the Fed is sure of what the market already knows, the Fed will begin to add liquidity and fed funds will start down. HIstorically, that's a great time to be fully invested. - Print out a plot of the Nasdaq back to 1990 and draw a trendline through the low points (1990 recession, 1994/95 interest rate increases, 1998 Asian crisis). The trendline of lows shows we could go very slightly lower on the Nasdaq, but the risk/reward looks fantastic and the future looks a whole brighter to me than it did in Oct 1990 and Oct 1998! I would not want to be out of the market now. - Anyone taking a tax loss wants to take it by end of November so they can get back in their favorite stock by January (there is no longer a human being on earth that doesn't know about January rallies). So, the tax selling of mutual funds in October is over and individuals should be just about done too. - I think we can all agree that the election uncertainty will be over by January. It doesn't matter who wins, it just needs to be resolved. - Take another look at the 10 year Nasdaq plot. Look at the performance in the fourth quarter of each year. Look at the performance in the first quarter of each year. Note that the market almost always goes up starting sometime in the fourth quarter or very early in the first quarter. However, the bottom varies from mid October to as late as January, but usually by December. If one believes as I do that we are very near a bottom, volatile high growers like Cree are the place to be. Why Cree? - The technology and price leader in the silicon carbide wafer market which is growing at 30% plus and will accelerate in future years as more products require the physical properties of silicon carbide. - The technology and price leader in the high bright LED market which is growing at 70% plus. - All the pieces in place to be the technology and price leader in RF devices for the wireless 3G market which could grow over 100% annually for next 3-5 years. - Blue lasor for DVD and power semiconductor development on track to be the future technology and price leader. A new product every year or two with each market capable of growing 50%-100% or more, and no real competition at this stage for silicon carbide wafer production or products.....WOW!!! Now all we need is for the analysts to see the revenues start accelerating as the RF devices sell next year plus the analysts realize the economy is OK and high tech earnings are not going to collapse; and we could easily be looking at a $300 stock in 18 months. This looks too good to be true. Can anyone find a problem with this picture. It sure looks good to me. Tom