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: Savoirman who wrote (13684)	4/16/1999 11:18:00 PM
From: Brian Lempel	Read Replies (1) of 13925

Saviorman, when I saw the stock price when I got home today, I clciked on the news half expected a Goldman Sachs upgrade!!! <g> but seriously, I have trouble figuring out today's rise. While the idea of ourselves realizing that the company was at bottom before some big guys start jumping in is compelling, it is probably not correct. Even one or more firms trying to accumulate shares would not do so in such an irresponsible and obvious way, sending the price up 50% in only a few minutes! A combination of factors is no doubt at work. Certainly some mo-mo players came in at some point. Maybe some of the shorts panicked. Meanwhile, we have decisively broken the down trend. The sector has been fairly strong in recent days. But the most likely reason is that there is news or good earnings looming. These companies, as hard as they may try, cannot control the flow of information, as I have found. Brian

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