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


To: CHIP HUNTER who wrote (5111)10/27/1997 4:18:00 PM
From: Jon Tara  Respond to of 13925
 
Chip, CREAF has a beta greater than 1. That means that it is more volatile than the overall market. If if goes down only as much as the overall market, it is outperforming the market.

Look at other NASDAQ tech stocks and you will see that CREAF fared quite well.

You could have shorted SPY - a terribly conservative short - and made just as much (but you don't make anything until you cover!) with a much lower risk.



To: CHIP HUNTER who wrote (5111)10/27/1997 4:32:00 PM
From: Clever Nick Name  Read Replies (2) | Respond to of 13925
 
Chip,

Today was a lousy day for everyone. I made money but I sure don't feel good about it.

Before gloating here and starting a massive flame war, here's a homework assignment for you.

Find 6 Nasdaq tech stocks that had a smaller loss than CREAF today.
Now try to find stocks which did worse.

Maybe you aren't the expert shorter you think you are huh?