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To: unclewest who wrote (5214)3/20/2001 11:55:35 PM
From: Jdaasoc  Respond to of 10714
 
unclewest:
spct's market cap is $141 million and they have $143 million cash...something is really out of whack.

I think they listed $94 M of sale of UltraRF as all cash to come up with that figure. At least $30 M was definitely cash and SPCT probably sold most of CREE very quickly to minimize turning a $12 M gain of sale of UltraRF from becoming a big loss.

biz.yahoo.com

john