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To: Venkie who wrote (91437)8/7/2003 11:47:08 PM
From: stormrider1  Respond to of 208838
 
Stalking LOUD at around 1.50 here. I think it's a good bounce point worth half-a-buck in this lousy market.
Mike



To: Venkie who wrote (91437)8/8/2003 10:36:09 AM
From: CRay33  Read Replies (2) | Respond to of 208838
 
CREE reminds me of what happened to ACF earlier in the year. Some bad news, became a favorite of shorters. Fundamentally business was fine and it bounced back huge.

It is extremely oversold, huge short interest, i've been adding since mid-13's on the way down.

Still profitable, market leader, no debt, reasonable PE, good growth...

I'm in the red now, but convinced I'll be rewarded in the 1-2 month timeframe.

family feuds hurting it - but that will be cleared.