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Technology Stocks : Creative Labs (CREAF)
CREAF 0.4700.0%Dec 26 9:30 AM EST

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To: Dennis G. who wrote (6253)12/3/1997 12:24:00 AM
From: ronco  Read Replies (1) of 13925
 
Dennis, No doubt this can be challenging especially when we look so good from fundamentals to TA. I think you sum up the very essence that MMs so thrive on. Given that nothing is wrong at this point suggests to me that the MMs are doing a good job of working this puppy. Margin money has been called galore and MMs are lovin' every minute of it. We will move again shortly and with great might breaking through previous highs unlike any other breakout we've seen before. Keep the faith and take advantage when you can on these dips. You just don't see stocks like CREAF drop like this over the last few days on no account. Of course MMs know we know the markets high and that many of us are emotionally emeshed in our life savings. The stock has to make a real statement with confusion to freak the loose hands out. You look at this company month end month out setting new highs. The market wants to buy value - we've been buying value, and the MMs want more of it to buy and sell. This is one of the most solid small companies out there today. Smaller companies are even starting to rally and this is one of the best in the world with unlimited horizons and yet it is dropping? The companies products are so hot they are challenged with keeping inventory in the stores. One of their greatest challenges is keeping their systems running at full capacities. I will continue to buy at these levels and hope that I continue to have more opportunities to do so. There won't be a 2 point drop where I won't be all over it only to buy more on each and every buy. Don't be suprised to see a few "strong buys" over the next few days. If I'm not mistaken I believe there is already one out - seems like there was a mention here earlier. A couple upgrades and a cash aquisition which is most newsworthy, and we'll be blowin' thru 30 soon - even in a slowing market. Remember, everyones looking for safer havens and this little techer' is about as solid as we can get.

BUY,

dave
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