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Technology Stocks : Creative Labs (CREAF)
CREAF 0.470+4.9%Jan 12 9:43 AM EST
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To: CJay who wrote (6181)12/1/1997 11:02:00 PM
From: Dennis G.  Read Replies (1) of 13925
 
CJay, I understand what you're saying about Chip, and you're probably correct. But nonetheless, he's been more right about the stock than I have and he made money today and I got clobbered. And that really hits hard in the gut. I'm just so damn frustrated that we have to cover the same ground over and over again, in spite of earnings suprises and upgrades. It's just hard to stomach.

It seems like today all the institutions got together today and said let's all sell our CREAF and buy back those over-valued darlings that have been (rightfully) hammered. Check out XLNX and MCAF today. Both up well over 10% and their charts sucked until today. But they bought them back because they've seen them much higher and believe they'll go right back to those nose-bleed levels. But they've never seen CREAF up there and have no faith it will get there. So they dump. And they can do it with virtual impunity because they know that CREAF can no nothing to protect it's own share price.

If any of you have any idea what CREAF could do with it's cash horde to improve shareholder value, I'd love to hear it. It's doing squat for the stock now. Who could they buy that would add value to the company? I sure don't know. I hate that SESpool restriction.

Dennis
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