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To: horsegirl48 who wrote (7111)	11/30/2000 6:56:09 PM
From: mishedlo	Respond to of 13572

Horsegirl, Greg is shying away because CREE is ultimately worth ZERO, while I inadvertantly left SEBL off the list of stocks that will eventually be worth 1 3/8. 1 3/8 is infinantly worth more than ZERO on a percentage basis and thus merits a much higher PE right now, on route to its ultimate destination. In all seriousness take a look at the article on the Street.Com . Cree is being bashed and compared to LHSP. WoW! Personally I am positive this is FUD, CREE is building new plants and capacity is booked for months out, and the customer referred to in the article as 20% of their product has no part of their guidance forecast. But, if the market doesn't believe this, why should I. Hope that helps. Bullish on CREE but this market sure sucks.