SI
SI
discoversearch

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: Dutch who wrote (6621)1/24/2003 6:51:01 PM
From: Selectric II  Read Replies (1) | Respond to of 10714
 
Just curious, but I don't remember many "promises" made by CREE, let alone anybody in tech about two years ago. What, specifically was "promised" by CREE? I'll do a little research if you provide some more info. TIA.



To: Dutch who wrote (6621)2/2/2003 8:48:44 AM
From: jameswallen  Read Replies (1) | Respond to of 10714
 
The Cree 10K is now available @ biz.yahoo.com.

Note the following:

Also, in December 2001 management positioned to begin a 3” wafer transition over the next several years. As a result, we wrote off non-convertible 2” crystal growth equipment that will no longer be used.

The transition appears to be underway. There is no indication about how much progress has been made. I don't remember any comments by Cree or analysts' questions during the recent conference call. Some additional information would have been useful.