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Technology Stocks : Creative Labs (CREAF)
CREAF 0.411-6.5%Dec 8 12:12 PM EST

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To: prakash who wrote (7939)1/8/1998 6:59:00 PM
From: space cadet   of 13925
 
Hi guys, I'm still watching and waiting for a good buying opportunity. What do people think is a good entry price? Also, I am becoming increasingly concerned that intc is either going to miss its numbers Tuesday or say something negative in its conference call which will cause the market to tank, possibly even another 300-500 down day. In that case, all the hi-tech stocks will get massacred, and this time maybe they will stay down for a good while. Another concern I have is the creaf's 52 week low is around 9. That means, if there is some negative surprise I could lose half my money from where it is now. I really like creaf and love their recent acquisitions but I'm a cheapskate and bottom fisher and like to get stocks when they're near their 52 week lows. If intel crashes and takes the market with it I will definitely get in to creaf but I can't decide if it's worth the risk to get in now. How many of you guys have protective puts? I really messed up because I should have bought protective puts when it jumped above 20 last week. Poor planning.

space "waiting for a buying opportunity" cadet
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