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Technology Stocks : Wolf speed -- Ignore unavailable to you. Want to Upgrade?

To: w2j2 who wrote (955)	11/28/1998 9:16:00 PM
From: Toby	Read Replies (3) \| Respond to of 10714

Wrong Walter, I made a bit the only time I played Cree, about 4 yrs ago. This is my first short. I like the people there, but their technology is not so special, as they will readily admit. They are the low cost provider. I'm short at 36.75. If it goes into the mid 40's, I'll be happy to add. Otherwise, I'll take a modest profit around 30. I wish Cree well, and know many people there. I just think I know what the firm is worth. Long term investors will do fine, but the volatility of this stock leads to bubbles. Remember what this was selling for in 94? Last time I criticized this stock It was in the twenties and spent time in the teens before picking up again.