Creative Labs (CREAF) Message Board

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Technology Stocks : Creative Labs (CREAF)

CREAF 0.448

-12.1%

Dec 17 12:59 PM EST

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To: grogger who wrote (5254)	10/31/1997 12:02:00 AM
From: Duncan Lestina	Read Replies (1) of 13925

In a 'normal' market one would expect 30 but this market is not normal at the moment. There are rumors of a developing and spreading Latin American banking crisis and certainly the Asian effect. The situation in Iraq doesn't help either. Many more analyst seem to have a more at least a short term bearish tone. Money is flowing out of mutual funds to T-bills and bonds. I don't think this correction is by any means over. I see many excellent Tech stocks that have been dragged down. Soon the losers will cash out their stocks for income tax purposes diving the prices down further. DOOM GLOOM DOOM GLOOM Buy in January??

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