Creative Labs (CREAF) Message Board

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Technology Stocks : Creative Labs (CREAF)

CREAF 0.470

0.0%

Dec 5 9:30 AM EST

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To: Dennis G. who wrote (9609)	2/12/1998 9:37:00 PM
From: Fred Fahmy	Read Replies (3) of 13925

Dennis, <SES must be anticipating some sell off tomorrow.> Well, I have to admit that I'm not confident that this rally can continue without a pullback or some major news. If today's increase was really just a reaction to the new product announcement, I think we are going to be disappointed in the short run. Hopefully, today's move was an indication of something more substantial, but given the way momentum players jump on this stock I have my doubts. I hope I'm wrong, but in the absence of any major news I remain cautious. Regardless, today was one step in reaching a more reasonable valuation which lies solidly in the 30's. Good luck to all (even Vanni), FF

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