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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 (12987)12/3/1998 5:49:00 PM
From: burn2learn  Read Replies (1) of 13925
 
"Most investors (and CREAF is no different) want to buy stocks because "they think the stock will go up". If you think the stock is going up because of a blowout quarter, you would buy all you could get now. Why would they want to buy after the price is higher

Creative is not an investor. They will not sell the shares back, and probably will stop buying once the stock rises to a reasonable level. The only reason they are buying is to raise (support) the stock price at this point. If the company does well and the stock reacts to normal conditions, meaning good earnings and growth then no share buyback is needed. What I want is the market to take this stock to 25 based on these fundamental results. I see your point in wanting perception of Creative to change, but I don't believe it should take place at any cost.

This last year Creaf has taught me patience. I think the fundamental growth has been reestablished and I can wait for the results to drive the stock. I've been way way down in my creaf investment and recently have hit even; I've been appeased (for now).

mike
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