Creative Labs (CREAF) Message Board

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Technology Stocks : Creative Labs (CREAF)

CREAF 0.470

0.0%

Jan 12 9:43 AM EST

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To: prakash who wrote (6834)	12/9/1997 10:59:00 AM
From: Dennis G.	Read Replies (2) of 13925

CREAF making a real nice comeback from what looks like a large block dump. Seems to indicate that people are realizing what a bargain this stock is at this level. As for the Japanese dumping all their US treasuries, I think they'd be shooting themselves in the foot if they did that. Those bonds are the best investment they have and the trend in interest rates is lower. I'd look for them to simply cut back on their repurchases when bonds come due. The US is headed for a budget surplus and will most likely be offering fewer long term notes in the future, which should help rates go lower. Dennis

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