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Stocks C / Cree Inc.


Subject:  Re: CNBC errors !!! Date:  10/13/2000  9:53 AM
Author:  shawtof Number:  4261 of 41738

The devil is in the details. As that post correctly states, there is no change in guidance on margins. They have said low to mid 50's and they continue to say low to mid-50's.

Nothing has changed. No lowering of expectations on margins. All they said was that they won't neccessarily meet this quarter's upside surprise. That isn't negative. All they've said is nothing's changed on the margin front going forward. No downward revisions in estimates. Any characterization otherwise is incorrect.
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