Ridgeland, MS, SEP 10, 2003 (EventX/Knobias.com via COMTEX) --
Shares of Cray Inc. (CRAY) spiked quickly after Briefing.com reported that comments made at the SG Cowen Tech Conference "reinforce conviction that EPS should ramp at a steep rate. With stock trading at just 14x 2005 est, believes there is lots of valuation upside." the stock open slightly lower only to spiked up over 1% on this report.