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Technology Stocks : Creative Labs (CREAF)
CREAF 0.448-4.6%Dec 17 12:59 PM EST

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To: See Lo who wrote (4365)10/20/1997 10:14:00 PM
From: Rutgers   of 13925
 
<<Creaf has never run up immediately despite the good earning>>

Never say never. Go back and check the numbers - if I'm not mistaken we have a nice run up (albeit very short in duration) after the 2Q last year.

As far as this Q, it is anybody's guess. Only a couple of weeks ago we were at $28 on the basis of the GS coverage. Now, after no company specific news, we're back down - again thanks to GS who orchestrated the 500K block sale this morning.

In general, I believe that those who are the proverbial fence right now would do best to wait for the announcement. IMO, earnings will be there, but it will be Sim's performance during the C-Call when he tells the world how wonderful the 2Q numbers are going to be that the STREET will take notice. In any event, while the fence sitters may miss a couple local stops at 23rd or 24th street, the 30th Street express probably won't leave the station until the beginning of next week. ;-)
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