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Technology Stocks : Creative Labs (CREAF)
CREAF 0.4480.0%Dec 18 4:00 PM EST
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To: HEXonX who wrote (6664)12/6/1997 10:38:00 PM
From: Douglas V. Fant  Read Replies (3) of 13925
 
HEXonX, I think that ML made the decision to reduce holdings of all Asian stocks for the time being until things become a little clearer. As CREAF is an Asian-based Company, they sold it.... I do not think that ML "knows" something that everyone else does not. They just decided to play it safe and unload before the Annual Meeting. If they held all year, then they likely still tripled their money and probably wanted to protect these gains....

Sincerely,

Doug F.
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