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To: cardiologist to be who wrote (797)	4/16/1998 1:18:00 PM
From: Ghassan I. Ghandour	Respond to of 10714

Welcome to CREE. Welcome to pain before the gain. Compared to CYBE though, this is somewhat riskier because of the much higher PE. As we continue to perform well, however, the PE should go down whereas the price should go up. If it weren't for the hotility the market is having toward anything semiconductor, this stock should top 21 in no time. This last earnings report confirms that this is a great holding of a stock, so patience is the key as always is in the stock market. Ghassan.