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Technology Stocks : Creative Labs (CREAF)
CREAF 0.4700.0%Dec 5 9:30 AM EST

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To: CHIP HUNTER who wrote (8962)1/25/1998 11:26:00 PM
From: Power ranger  Read Replies (1) of 13925
 
Singapore and Malaysia market will be close from 28 to 30 January.

28th and 29th is the Chinese Lunar New Year and 30th is the Malay New Year Hari Raya Puasa. This is the first time in 30 year that the Chinese and Malay New year conincide.

There will be only 1/2 day trading to 12.30 pm on the 27 Jan on both market. Therefore most players will be staying away during this period. My broker told me that the market will continue to stay down. He warn that the first 3 trading days after the market reopen on 2nd Feb will see big fall because of contra and force selling.

It maybe New Year time, but we won't see the usual new year rally as the buying mood is just not there. The timing of Creaf earning to not good

Creative now trading at SES + 0.30 S$34.20/1.7520 = $19.52.

Happy New Year Creative.

Gong Xi Fa Cai (Chinese mean Properous New Year)

PR
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