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To: pompsander who wrote (4593)	12/19/2000 11:46:52 AM
From: unclewest	Respond to of 10712

from B of A... CREE, INC. (CREE) STRONG BUY Cree Hones in on Blue Laser Market with Rohm ♦ Yesterday Cree announced an alliance with Rohm Company, under which Rohm granted a 5-year exclusive license agreement to Cree for several US and non-exclusive licenses under a Japanese patent for optoelectronic devices. Rohm, a top 10 worldwide component manufacturer, also agreed to an annual supply agreement for the purchase of blue and green LEDs. ♦ The company’s agreement included a non-binding memorandum of understanding for the cooperative development of a blue laser diode for consumer applications. We believe Cree's intention is to take advantage of Rohm's packaging expertise and its developed relationships in the DVD consumer field.