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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: CHIP HUNTER who wrote (4735)10/23/1997 4:30:00 PM
From: Douglas V. Fant  Read Replies (2) of 13925
 
CHIP HUNTER,

On a tremendous down day when the smoke cleared- CREAF did not move much. I hope that you closed your short position early in the day on the first dip! Check out some of the large cap retailers/ mechandise companies for overvaluations currently- CREAF appears to be hitting on all cylinders right now- a dangerous stock to short. Indeed I'll even tell you- CREAF is one of the two largest long positions in my account.

This stock is a "peripheral Microsoft" type of company- it's on a long-term uptrend and right now nothing on the near horizon will disturb that sentiment.... Even if the whole market crashed CREAF would still not drop that much....

Sincerely,

Doug F.
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