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Technology Stocks : Creative Labs (CREAF) -- Ignore unavailable to you. Want to Upgrade?

To: jeff nightbyrd who wrote (4432)	10/21/1997 3:44:00 PM
From: Rutgers	Respond to of 13925

<<The action suggests that Singapore investors are dumping this stock brecause of their margin difficulties.>> I do not think it is the Singapore folkies. They have consistenly closed higher, e.g., last night they closed at 22 9/16. No, the real reason for this sell-off is the negative momentum that was created by the big boys who have to close out their accounts by the end of October. That's end of the funds' fiscal year for which their precious bonuses are calculated against. Count me in as having added to my position today. Hopefully, Team Creaf (Sim, McHugh and Mylennback) has revised their strategy in light of this past week's sell off. Perhaps they will unleash some of the good news that they were waiting to unveil at COMDEX in Las Vegas.