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

To: Dennis G. who wrote (5725)	11/16/1997 1:43:00 PM
From: Jon Tara	Read Replies (1) \| Respond to of 13925

[Off-topic, software stocks] Dennis, SYMC appears to be in break-out mode, nice catch! I scanned my software charts, and you might also want to look at VRTS, and ATSW, they have similar charts to SYMC, complete with the vertical "hook" in the MACD. RNBO is somewhat similar, as well, but not as far along. Over-bought short-term though. Intriguing scallop pattern, you usually only see these in old books on chart reading! (Actually, I'm seeing a lot of these in this market. When were these last common? Around 1928? ;) ) COSFF looks quite intriguing technically. The MACD has a positive cross-over, even though the price isn't moving up yet! Looks like Corel might be as beaten-down as it is going to get. (But caution - last time there was a MACD crossover, it only produced a rally of a few days.) SYBS is another example of perhaps a bottom (though not the long-term bottom of COSFF) that is still buyable with a MACD crossover perhaps imminent. (Needs another day.) The entire software sector bears watching if the market rallies from here, as there generally has been NO or very little recovery from the lows! Watch MSFT for clues - I think it could take-off next week. We could see the old high around 150 in short order. Look at PSQL for a possible panic bottom that you can still buy in a fairly thin stock. Look at what happened to PSQL in late April for comparison. Also, if you don't have an aversion to Y2K, take a look at DDIM and CHRZ. The charts are stunning right here. They might already be fully-cooked, but if they break-out above their 50ma to the upside, they could run big. I think we will get the usual year-end Y2K rally, but this year it will be more selective and concentrate on "real" Y2K companies that are not offering magic bullets, but doing the hard work of deploying programmers to fix Y2K problems. (So stay away from ZITL, etc.) Not sure about next year, but 1999 will be the year of the temporary employment firms. Caveat emptor - I haven't looked at any fundamentals!

To: Dennis G. who wrote (5725)	11/17/1997 5:12:00 AM
From: Doug Fowler	Read Replies (1) \| Respond to of 13925

Hi Dennis: I own seven stocks, and two of them are Creative and Symantec. (Ingram Micro, Intel, Cisco, MCI and Novell (yuck)). Bought CREAF and SYMC and $13 and $14 repspectively. Happy with the returns so far (in seven months), but still think there is a lot of upside over the next two years. By the way, Creative and Symantec both have really cool, big booths here at Comdex, and I heard that Creative is releasing a slew of press releases tomorrow. Will be interested to see just what news they have to divulge.