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Technology Stocks : Creative Labs (CREAF)
CREAF 0.4400.0%Dec 11 9:30 AM EST

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To: Douglas V. Fant who wrote (9257)2/2/1998 7:17:00 PM
From: Douglas Webb  Read Replies (2) of 13925
 
After today's action, do you still beleive Creaf will trade in the $16 - $20 ($22.5?) channel during the current quarter? We went from $19 to $20 easily enough today, but getting that extra 1/16 took all day. Is this the turnaround for the ride back down, or the establishment of a new support?

Short term, I'm hoping to see the bottom of your channel around late Feb to early March. I've got $20 calls to buy back...

Doug Webb.
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