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


To: Craig A who wrote (972)12/7/1998 5:32:00 PM
From: lizard lick  Read Replies (2) | Respond to of 10718
 
I dont know, I heard preferred capital was a potential downgrade, but i think they already changed rating on stock to hold, looking now, zacks is not an analyst, preferred published an extensive research report in mid november giving cree a 12-18 month target of 36, it was well over that in only 2-3 weeks instead of the 12-18 mths on really no new developments other than semi-sector rebound. Hold makes since according to report at these levels. Positioning additional shorts tommorrow. I am looking for cree to drop to low to mid 30's late january. Stock up 300% plus since oct 8th. Got to wonder what is going through peoples minds these days.