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Technology Stocks : Creative Labs (CREAF)
CREAF 0.370-21.3%Oct 31 1:10 PM EST

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To: Dennis G. who wrote (11272)5/14/1998 9:14:00 PM
From: Darrell D. Black  Read Replies (1) of 13925
 
To all:

This is just a normal reaction on this stock. Once earnings are announced....it is like the futures market.....Oh hmmmm!! Well earnings are where we thought they should be....so like always..Buy the Rumor of good earnings and Sell the fact when they are good earnings. Besides...the "smart money" doesn't trust hi-tech right now......they are expecting lower earnings......so when the stock languishes where it has since earnings were announced...What is their to get excited about....the price will probably drift on down to the $17.50 to $18.00 area before buying starts back in........Be patient! But, I would expect $25.00 to be the tops....if it can get back their...... Options show no real value...looks like a stock that is going to trade in a 'trading range' for awhile.........BE PATIENT!
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