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

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To: DRRISK who wrote (7681)1/5/1998 7:16:00 PM
From: Dennis G.  Read Replies (1) of 13925
 
Well they did it again. When they flush this down the toilet they really do it big. Every time it drops it's like its going out of business. Nothing subtle about this stock. Just like a 2X4 to the forehead.

Just about every tech stock you could think of went up today and this stock gets creamed again. My feeling is that stop losses are to blame. Traders set them up like dominos and the MM's just love to knock them over.

Well I picked up some Jan 17.5 calls after the drop and may get more tomorrow. Hoping for a quick rebound.

Dennis
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