The Motley Fool Discussion Boards

Previous Page

Stocks C / Cree Inc.


Subject:  Goodnight Ace12 Date:  8/2/2000  10:11 PM
Author:  CRoss8 Number:  3095 of 41740

Thank you for your unbias concern for all of us. I read some of your post about CTSX (or whatever) and do see that you got caught.

I think most of us now wish we had pulled Trenchrat's little trick, but we didn't. So what do we do now if we bought in at say 35 or 50, sell? and watch CREE bottom out at say 77 (a la Trenchrat) and then what, buy it back at maybe 110.

I have seen nothing so far that would lead me to believe there has been some change in CREE's fundamentals. I also have no reason to believe that First Call or any other analyst is better informed about CREE's forwad earnings than CREE's CEO is.

I do however see the Lemming Effect! And maybe a lot of mutual funds that would like to get out of this stock before it turns into a loss.

Here's hoping that in 6-9 months, this summer will be an interesting memory.

Hey Caveman2, do you do tranqs?

Copyright 1996-2021 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us