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.

Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?

To: Dealer who wrote (10475)	10/31/2000 9:00:21 AM
From: Hobie1Kenobe	Read Replies (1) \| Respond to of 65232

Welcome back Dealer. Not the same without you. Let's all try to give KG4 some latitude here. This RMBS news is ugly and we've all had a challenging year. Welcome back and best wishes. JF3 - no RMBS positions

To: Dealer who wrote (10475)	10/31/2000 9:03:45 AM
From: Dealer	Respond to of 65232

CREE--Cree, Inc. Announces Two-For-One Stock Split DURHAM, N.C., Oct. 31 /PRNewswire/ -- Cree, Inc. (Nasdaq: CREE - news) today announced that its Board of Directors has approved a two-for-one stock split. The record date for the stock split will be December 1, 2000. Certificates representing the additional shares will be distributed on or about December 8, 2000. The Company expects its common stock to begin trading on a post-split basis on December 11, 2000. Shareholders of record at the close of business on December 1, 2000 will be issued a certificate representing one additional share of common stock for each share of common stock then held. The stock split will be effected through an amendment of the articles of incorporation not requiring shareholder approval. The number of shares of common stock outstanding will increase to approximately 71.4 million as a result of the split. North Carolina-based Cree, Inc. develops and manufactures semiconductor materials and devices based on silicon carbide (SiC), gallium nitride (GaN) and related compounds. The company's products include blue and green LEDs, RF power transistors for use in wireless infrastructure applications, SiC crystals used in the production of unique gemstones and SiC wafers sold for use in research and development. Cree has new product initiatives based on its experience in SiC and GaN-based semiconductors, including blue laser diodes for optical storage applications, high frequency microwave devices for radar and other communications systems, and power devices for power conditioning and switching. For more information on Cree, visit cree.com. This press release contains forward-looking statements involving risks and uncertainties that may cause actual results to differ materially from those indicated. Actual results could differ materially due to a number of factors, including the risk we may be unable to develop commercial products based on the new technologies mentioned in this release or may encounter delays and increased costs as we begin volume production of such products; the risk posed by concentration of our business among a few customers; and other factors discussed in our filings with the Securities and Exchange Commission, including our report on Form 10-K for the year ended June 25, 2000.