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: CJay who wrote (5245)	10/30/1997 11:38:00 AM
From: Will Cunningham	Read Replies (2) of 13925

Let me consult the oracle for that and see what kind of reading I can get on those bird entrails. I would say that price movement in these shares would obviously have been stronger and more upward without the current market turmoil. I am honestly looking to hold the shares I have through the next earnings report and see how things are progressing at that point (next January). In the meantime, the stock could consolidate between 21/22 - 27/28 for a bit. Need news and improved markets to break out of the trading range. I would really like to see the stock take a dip back into the low end of the range to accumulate more. I don't think it will matter in three months whether shares are accumulated between 24-26. If investors are here to stay with this story then I think there is good upside for CREAF. For trading of the shares in a more short-term fashion, I would only buy at the low end of the trading range. If the range breaks down below 21-22 then I would re-evaluate my strategy as this would technically be a negative. Just my view.

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