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Technology Stocks : Creative Labs (CREAF)
CREAF 0.470+4.9%Jan 12 9:43 AM EST

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To: ChinuSFO who wrote (4168)10/14/1997 1:22:00 AM
From: Dennis G.   of 13925
 
Much as I'd like to see it, I don't think CREAF will ever be given a fair multiple. There's just too many fund managers with doubts about their long term strategy, not to mention ex-insiders still dumping stock. But I do believe there will be some multiple expansion from here so there will be a nice move up.

Real problem with this stock is that everybody has been programmed to sell it every time it moves up so it naturally can't sustain any rally. It's like a game of chicken where each guy tries to get out just before the other guy. I just wish we could figure out a way to stop this knee-jerk selling. Not likely though.

Dennis
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