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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: CHIP HUNTER who wrote (5168)10/28/1997 7:01:00 PM
From: Douglas V. Fant   of 13925
 
CHIP,

I like FAST as a short. I'll be long of course in CREAF. The market if it follows the pattern of 1987 will swing wildly for the next 60 days or so (through tax selling season) so you'll hav emore shorting opportunities. I'd focus on tech stocks with large intraday swings and try to do "day shorts" and make a few percentage points on those day swings if I were a shorter.

But I tend to stay long 90% of the time and just "sell down" options if I think that the market is going through a digestive phase..... Good luck! Your timing was perfect! Now I'm betting on "time" to take CREAF into the lower $30's/share...

Sincerely,

Doug F.
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