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


To: Hitch who wrote (4494)10/21/1997 6:06:00 PM
From: John Day  Read Replies (1) | Respond to of 13925
 
Any suggestions for jumping into a long position tomorrow. I don't know if I should put on a gtc market order in now or wait to see if the gap closes a little after opening (if it does close any) ?



To: Hitch who wrote (4494)10/21/1997 7:01:00 PM
From: Douglas V. Fant  Respond to of 13925
 
Hitch,

Chay's influence on CREAF's stock price should begin to fade shortly as I assume he'll sell some into the rally over the next few days. Also I'll bet that he will hold onto 2mm shares or so into the next quarter and follow the price of CREAF stock up.

In any case the numbers put out today vindicate the course taken by current management is correct and that Chay and Ng were best to seek other business opportunities that fit their perspectives more closely...

Sincerely,

Doug F.