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To: BWAC who wrote (49464)10/10/2003 9:30:09 AM
From: DanZ  Read Replies (2) | Respond to of 53068
 
I'd short CREE between 25 and 27 if it gets there. Agree that it is just recovering lost ground after the family feud hit the press, but you have to at least expect profit taking from the longs that were patient enough to hold on this long, and it has resistance on the weekly chart in that area. Unless something else is going on news-wise to drive the stock even higher, I'd expect it to settle back into a trading range now that the news is out.

Kelvin: I hope that you held on to CREE. I chickened out many dollars ago.