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

To: taxikid who wrote (5565)	11/11/1997 1:26:00 PM
From: virgil vancleave	Respond to of 13925

just so you all know, i am long creaf. it is about 40 percent of my portfolio at present. but it appears that technically price may move down a little beefore it goes up any more. i don't think it will dip much below 25 or 26. just my opinion for what it is worth. dec 30 calls may very well be in the money next month though. and as for chipper, unless we hit a full bear market, this one will probaly not see 18....unless that is post split. if we do have a bear market, this would not be one of the better performers to the downside. thus i sold a nov 25 covered call with the perception that if/when it dips i can buy it back. hope i get the opportunity.