Creative Labs (CREAF) Message Board

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Technology Stocks : Creative Labs (CREAF)

CREAF 0.448

-12.1%

Dec 17 12:59 PM EST

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To: Douglas V. Fant who wrote (4547)	10/22/1997 12:42:00 AM
From: Richard Haugland	Read Replies (1) of 13925

Do you think anyone will be losing their jobs tomorrow over this? 600,000 shares at $19 7/8 is about $12,000,000 so both the seller is still not broke and the buyer is going to be richer by far too after tomorrow. It seems likely to me that the seller probably still had a huge profit overall because CREAF has not spent that much time historically above $20. If it was either of the original owners of CREAF I have no sympathy for them at all. I just hope the person who bought it is a long term investor.

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