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


To: CHIP HUNTER who wrote (5926)11/19/1997 6:52:00 PM
From: Douglas V. Fant  Respond to of 13925
 
CHIP,

Certainly not in this stock. In fact I sold some naked December 25 puts today and I bet option expiration day will arrive in December 19th and I'll get to keep the entire premium....

IMO the US markets already have moved into their traditonal year-end rally phase. We certainly won't go straight up, but we'll go up.... Long on CREAF.

Is TLAB an equipment maker? The BTB for semiconductor equipment makers came in today, reported by SEMI, and it looked pretty good. That is if you short in the equipment arena, one may need to pick companies carefully....

Sincerely,

Doug F.

Sincerely,

Doug F.



To: CHIP HUNTER who wrote (5926)11/19/1997 8:16:00 PM
From: Paul A  Respond to of 13925
 
Just an observer here but had to ask your opinion.. I too am a trader, although at times I take long positions. Im curious why you feel the risk is much greater on the long side with CREAF. Maybe we are reading different TA, but I dont see much in the way of downside unless we have another market melt down. CREAF has done incredible in the last few weeks while most tech stocks have either taken substantial hits or just traded sideways..

maybe im missing something, however- im long CREAF. (Keep in mind that long to me is 3-6 weeks tops)