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Technology Stocks : Creative Labs (CREAF)
CREAF 0.448-12.1%Dec 17 12:59 PM EST

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To: Fred Fahmy who wrote (12983)12/3/1998 2:11:00 PM
From: Dennis G.   of 13925
 
I guess today is a perfect example of the market's disdain for this stock. Practically the whole PC industry is looking strong on this news:

cbs.marketwatch.com

Yet it does nothing for CREAF's price. I guess they don't think they are part of the industry.

Thank God CREAF is buying at this level, otherwise my guess is it would be down to about 14. But if all they do is hold it here till the 18th, then it will probably nosedive then. If they were willing to buy more and support a higher price now, I think it would at least stay around this level during the quiet period. But Sim appears to be more interested in getting his $10 million tax-free windfall than in supporting a higher price for the shareholders.

Dennis
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