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Technology Stocks : Creative Labs (CREAF)
CREAF 0.4700.0%Nov 28 9:30 AM EST

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To: prakash who wrote (8869)1/24/1998 10:08:00 PM
From: virgil vancleave  Read Replies (1) of 13925
 
no . it appears he is quite nervous and understandibly so. we are going up on monday barring any overall market collapse. i pointed this out in an earlier post and am glad that i am not the only person noticing the "panic" he is showing.
not that stocks follow any kind of valuation model, but creaf is trading with a price to sales ratio of 1.1 and that is without accounting for their huge cash position and also the recent aquisition revenues. and the business is growing.
technically we are right on the long term moving average and moving up, which in itself is bullish.
and lastly, when you own own stock, you own part of the business and the cash position. and creaf seems to be a business i would like to own. and i do, 1600 shares and want more.
good luck chip and we will see who is right this time. your tip on ba was acuually on the money for the record.
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