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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: Y. Samuel Arai who wrote (13681)4/16/1999 4:18:00 PM
From: Sun Tzu  Read Replies (2) of 13925
 
I see two possibilities, the first has to do with options (and not necessarily the retail ones) and a possible short squeeze. My other guess has to do with a missing "surprise" announcement re graphics by Creative; perhaps the announcement is coming. Anyway, I had quite a few April 15 put options which I had bought as part of a spread long time ago and have never bothered closing them (they were deep in the money so no time value). Yesterday I sold them all almost at the high of the day. I'd like to say it was skill and foresight, but really it was just bull shit luck <g>.

have a good weekend everyone,
Sun Tzu
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