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

To: Will Cunningham who wrote (6170)	12/1/1997 4:54:00 PM
From: Douglas V. Fant	Read Replies (2) \| Respond to of 13925

Will, I'm getting "pounded" in CREAF today, but I'll hold. Eventually economics will win out. Which would you rather own- a stock for $24/share who will earn around $2.50/share in 1997 and will push that total likely to $3.00-3.20/share in 1998 and include an 18% annual revenue growth rate for the next five years? (which stock very very conservatively should be valued in the $35-45/share range). Or pehaps a stock selling for $77/share yet will only earn $0.39/share this year? (I am referring to AOL, of course). So I bought more CREAF long today and also shorted AOL, the only short position I'll carry in my account.... Is something wrong with CREAF? Possibly- but I look to the glowing reports of demand from the boxmakers and deduce that CREAF will do OK moving forward. My guess is that today' selling was set off by Ng or Chay whichever has lots of stock left to sell, and then followed by other people's stops being taken out. Sincerely, Doug F.

To: Will Cunningham who wrote (6170)	12/1/1997 5:03:00 PM
From: DRRISK	Read Replies (1) \| Respond to of 13925

Will, I doubled down on this baby today and think that the fundamentals are great on this company but the tech sector is a wild ride and I was surprised actually to see the weakness in Creaf today but the charts all still looking very strong and I think that there was redistibution into DD's today and that the bounce will be strong off the 100 day avg. My only solace was RdRt and Coms but they are wild also. DrRisk long and hopeful tommorow proves us right even Taxi