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Technology Stocks : Creative Labs (CREAF)
CREAF 0.448-4.6%Dec 17 12:59 PM EST

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To: Dennis G. who wrote (12638)11/4/1998 7:43:00 PM
From: Fred Fahmy  Read Replies (2) of 13925
 
Dennis,

<Yeah but will it stay here?>

Doubtful <gg>. I think if we can continue to consolidate in the 13-15 range until CREAF's hands are free, we will do very well. Just think if CREAF could have been buying today. Every time volume comes into the stock it goes up quickly.

I'm not much of a chartist but I agree with one of your earlier observations.....why all the resistance at 15?? I expected this at 17, but not 15. Oh well, I don't mind resistance at 15 for now as long as we continue to get support in the 13.5-14 range. To me, support is more important than resistance while we wait for the buy back.

Good luck to all,

FF
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