Creative Labs (CREAF) Message Board

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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: BZOOKA who wrote (5438)	11/7/1997 7:11:00 PM
From: Richard Haugland	Read Replies (2) of 13925

I think if Creaf does not go back above 27 today considering the close in Singapore of 28.30 then there might be a few days of downtrend. Well CREAF hit 27 1/4 and closed at 26 3/4 and was down an extra 1/8 on the last trade. Given the overall market and CREAF's recent risew I feel VERY good about that. Moreover CREAF has closed above 27 only twice in its history (which were the past two days) so what do you want? CREAF on SES usually trails US markets. IMO, the short term direction of CREAF will be determined more by world events than by inherent weakness. Blame it on George Bush or ??. HOWEVER, I am overall bearish for the short term yet.

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