Creative Labs (CREAF) Message Board

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Technology Stocks : Creative Labs (CREAF)

CREAF 0.411

+11.2%

12:12 PM EST

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To: Brian Lempel who wrote (9729)	2/13/1998 10:14:00 PM
From: Market Tracker	of 13925

Trading volume the past 2 days was >10 million shares. Even considering the NASDAQ's double accounting on volume, there were certainly some large buy programs in effect. I wonder if the advance was related to a number of factors, GSCO meeting, Voodoo II earlier than expected introduction, and speculation of share buy-back becoming legal in Singapore. Maybe the big boys are just accumulating some significant positions so if the buy-back becomes reality, CREAF can buy it from them (at higher prices). To me the volume is telling the story. An early release of a new product most-likely can't generate the trading volume we've seen the past 2 days. The INTC takeover rumors are pipe dreams at best. Maybe the fundamentals of the company are finally getting some recognition in the marketplace, and the P/E is being adjusted upward accordingly, but JMO. MT

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