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: Jon Tara who wrote (6157)	12/1/1997 3:47:00 PM
From: Will Cunningham	Read Replies (1) \| Respond to of 13925

Couldn't find where this story has been posted, and some of it is old news, but: Weak S$ to Hurt Exporters japanbiztech.com

To: Jon Tara who wrote (6157)	12/1/1997 3:49:00 PM
From: Brian Lempel	Read Replies (1) \| Respond to of 13925

Jon, I'm in (again) at 24 1/8 also. I had to sell my GTW. I think it's a good trade! :o) Brian

To: Jon Tara who wrote (6157)	12/1/1997 4:01:00 PM
From: Jon Tara	Respond to of 13925

Actually, I think my last scenario is the most reasonable. Those of you who have been holding CREAF over the past couple of months, through the market turmoil, ask yourself one question - WHY? I'd wager that in many cases, the answer is that is was one of only a very few tech stocks that looked attractive. As of today, though, most ANY tech stock looks attractive. Time to reallocate funds, and move some into tech stocks that have been battered. But the fundamentals that made CREAF attractive are still there. This will be temporary. Would be interesting to see how other tech stocks that held up well over the past couple of months did today. It certainly appears that the "crash" is now erased, with today's close >8000. Stay tuned. ;)

To: Jon Tara who wrote (6157)	12/1/1997 6:22:00 PM
From: BZOOKA	Respond to of 13925

Jon,I also think it was reallocation by some money manager moving into big names for a good return now that the market is in a rally mode. As far as technicals,Creaf touched the bottom of the 1 YEAR trendline chart that line has served as bounce back signal the only time that went below that for a short period was when hit 8s from 15 2Q 1997.It should move back up and today was another great buying opportunity.Not much further to go down to unless somebody knows something we don't.