Creative Labs (CREAF) Message Board

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Technology Stocks : Creative Labs (CREAF)

CREAF 0.470

+4.9%

9:43 AM EST

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To: Hitch who wrote (4328)	10/20/1997 2:20:00 PM
From: Dennis G.	of 13925

I just talked to my broker at Merrill. He says they still indicate earnings coming out tomorrow and have a conference call scheduled for Wednesday morning. He also says that they haven't changed their opinion on the stock. He personally thinks this is all technical trading by players who love to follow short term chart trends. Typical overselling from a failed breakout rally. I guess I will just have to wait for the trend to change. As for this big block trade, basicly he says it's silly to assume that this was an inside trade because he'd have to be an idiot to do that size block this close to earnings. He says that if it was an insider and earnings come out bad, they will nail him for sure.

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