Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: CJay who wrote (5239)	10/30/1997 9:34:00 AM
From: Schafe	Read Replies (1) \| Respond to of 13925

CJay: I think this is what Chip Hunter sees: 1. Print out a three month chart of CREAF2. Draw a line through the tops in early June, late August and late September 3. Draw a line through the bottoms in June and late August You will see that CREAF was trading in a reliable range between these lines until about 8 trading days ago. CREAF then fell out of its trading range to the dowside and reconfirmed the down trend on Monday. It looks like a classic start of a downtrend. Those of us who have been following the stock are familiar with the manipulation around earnings time. If you look at a one year chart you can see what happens at earnings time. I don't blame CH for his short, but I would advise him to carefully study the one year chart. In the long run the stock recovers strongly from manipulation around earnings time. Long and hoping to pick up more in the low 20s. Schafe