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: taxikid who wrote (6367)	12/3/1997 5:24:00 PM
From: Brian Lempel	Read Replies (1) of 13925

Taxi, I think we are up for the rest of the week, FWIW. This is pretty common for CREAF...a topping formation, then precipitous drop that climaxes with a vertical dtop, like we've seen in the past couple days. Now that we've filled the gaps and bounced off the 200 day MA, we should move back up. The ML thing is BS. My dad is an ML client, and has new software that lets him read their reports. I get it tonight and post details and reasons. I really can't see much reason. Asia may be experiencing weak sales, but doesn't it seem likely that it is a big enough reason to issue a downgrade. Even the company is guiding people towards higher estimates! I'm just curious...of the firms covering CREAF, how many have upgraded since the blowout? Was ML one of them? Brian

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