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

To: Jon Tara who wrote (4721)	10/22/1997 10:38:00 PM
From: Fred Fahmy	Respond to of 13925

Jon, <Intel has an interest in further integration of multimedia functions.> Agreed. BTW, I may be crazy but I jumped in at 25 5/8 based on fundamentals. I sold earlier at 21 5/8 after buying at 20 7/16 and watching it run to nealry 28. The last couple days of dropping had me second guessing that maybe something was going terribly wrong with the business. I should have known better and trusted my own judgement. Now that I am convinced that the fundamentals and outlook are as good as ever, I couldn't resist getting back in. Perhaps I should have been more patient and waited for a pullback, but I think any pull-back will be relatively shallow and short lived. Heck, the stock is only one point above where it was at the end of July and the fundamentals have continued to improve. Furthermore, between today's rally and the last rally to 28 (a few weeks back), a lot of shares have been bought in the 25-27 range. These people have no incentive to sell yet. Oh well, I hope we can get an upgrade of two over the next couple weeks. Good luck, FF