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To: Ron McKinnon who wrote (49579)	10/24/2003 4:50:14 PM
From: aniela	Read Replies (1) \| Respond to of 53068

Ron, thanks. I was trading CREE for the last few months and now I am not liking the way this stock is acting at all. On my screen I had LEXR and GNSS next to it. Look how they reacted on the bounce: up big time. CREE is heavy, very heavy here. I traded it today for 0.20$ and have some shares at 16.41$ but am not happy about it. Could you get us some nice short squeeze ??;) Well, we will see... wiesia

To: Ron McKinnon who wrote (49579)	10/24/2003 5:15:15 PM
From: BWAC	Respond to of 53068

I wouldn't take questions like that either. It wasn't a question. It was a "fear" drop statement that someone hoped would stick as a perceived fact. Kinda like in the internet merger mania days. Some crackpot would phone into a small company call, ask a question like "When will you announce the buyout offer?" and the stock would shoot up. Or "Can you tell us about the rumored huge contract win with XYZ?". It was keyword dropping to illicit a perceived fact response at its best.

To: Ron McKinnon who wrote (49579)	10/24/2003 10:58:08 PM
From: Kelvin Taylor	Read Replies (1) \| Respond to of 53068

oh brother. CREE is not Enron. the stock ran from 11 to 22(double) and now retracing some gains. techies were over due for some retracing.

To: Ron McKinnon who wrote (49579)	10/24/2003 11:58:31 PM
From: BWAC	Read Replies (1) \| Respond to of 53068

Listening to the CREE call myself now. Minute 21 to 24. the $529,000 was discussed by the management. Management brought it up in their review of the numbers. Also they discussed that the crazy brother lawsuit cost them $1.9 Million in legal fees. This wasn't backed out in some sort of Proforma accounting. It was included within the 12 cent number. Income tax provision rate went from 26% to 31% resulting in $800,000 more expense accrued. Reason??? Expect increased profits = higher tax rate.