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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: Fred Fahmy who wrote (4291)10/18/1997 11:56:00 PM
From: Jon Tara   of 13925
 
In the current market environment, CREAF is going to have to beat whisper numbers to move up after earnings. Wish it twern't so, but that's the way I see it.

Beating estimates isn't going to be good enough, because CREAF *always* beats estimates. It's going to have to beat what the market *really* thought it was going to do!

On the other hand, at least it hasn't run up into earnings. CREAF more often than not moves down from a new high when earnings are released...

I think we could have a nice delayed post-earnings rally, once the general market fears are behind us.

I do think there is more to the general market decline, though. It's kinda silly that this is happening right on the aniversary of the 1987 crash, isn't it? Don't think we will get a replay, but I think we WILL get the rest of a loud echo. Intel ain't done yet.
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