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

To: Dennis G. who wrote (6055)	11/25/1997 9:29:00 AM
From: Douglas V. Fant	Read Replies (1) \| Respond to of 13925

DennisG., I make no predictions about short-term directions of this stock, but longer term CREAF is following a pattern often seen. Basically if you chart CREAF at its weekly friday close, you see that two weeks ago CREAF hit a new yearly high the week of Nov.10-14th. More often than not, good news follows good news for a stock- i.e. the reasons that the stock hits a new yearly high will continue, and over the next 6-12 months a stock will hit multiple additional "higher highs". This year I've only had one stock , Gasonics out of about 10 stocks that I track hit a new yearly high at around $21 in Jan 1997, and then "fall out of bed" back to around $10/share (although it did go back to $21/share once in late summer). The other nine such as Northern Trust, BMC Software, etc., hit multiple new yearly highs. So I would not bet against CREAF too long,and be careful jumping in and out of CREAF, as you may miss a big move.... Sincerely, Doug F.