Creative Labs (CREAF) Message Board

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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 (13460)	2/1/1999 9:53:00 AM
From: Darrell D. Black	Read Replies (1) of 13925

To All: Yes, the future is still unknown. The occurrence of the price of the stock reacting like it is today...is of no surprise. Earnings about in line with the trade talk....no real bright appearing 3rd qtr....but this stock and most stocks with earnings coming in in line with expectations generally react by the price per share staying "static" or going down in MOST cases. The old trading rule still applies....."Buy the Rumor, Sell the Fact".....I expect CREAF to trade between 12-16 price range. I think it could take a deeper hit if it were not for the P/E ratio being below the industry average. This is an observation......for what it is worth.

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