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Technology Stocks : Creative Labs (CREAF)
CREAF 0.4480.0%Dec 18 4:00 PM EST

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To: Dennis G. who wrote (12970)12/2/1998 5:53:00 PM
From: Gopher Broke  Read Replies (1) of 13925
 
Dennis,

I think we would all like to see the stock at $22. However, I think you hit the nail on the head with the observation that the stock goes up when Creaf buy and down when they do not. If Creaf bought the stock to $22 then shortly after December 18th (when Creaf's support disappears for a couple of weeks) we would probably be looking at $14 again. I do not want that to happen.

I will be happy with a gentler ramp-up. Say, for example, we get to around $19 by mid-December, with a good rah-rah announcement on 17th to tide the stock over the quiet period, and then the follow-on buyback/dividend/blowout results to keep the stock moving up in the new year.

Sound like a fairy tale?
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