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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: BZOOKA who wrote (6861)12/9/1997 8:54:00 PM
From: Dennis G.  Read Replies (1) of 13925
 
Thanks for the work, BZ. Sounds like CREAF has learned a hard lesson not to annouce anything before its completely ready. Also better to let their quarterly numbers tell the tale.

As for the 6 million shares, that definitely sounds like Vinik's work. Very hard for the market to absorb that much supply at once. If it wasn't for that, the damage would have been much less severe. But we can at least thank him for showing where the support is and providing some bargains to willing buyers.

Dennis
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