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


To: Dennis G. who wrote (6253)12/3/1997 12:08:00 AM
From: Douglas V. Fant  Read Replies (1) | Respond to of 13925
 
Dennis G.,

Bear market or bull market, eventually the fundamentals underlying a stock drive its price. So if CREAF continues to grow its earnings then its price will rise. Remember on CREAF's backward-looking earnings of $1.88/ share that CREAF has a P/E of only 12.79

As to positive announcements upcoming you have potentially two: the December 11th Annual Meeting and Sim Wong Hoo's comments; and the mid-January earnings release....

Sincerely,

Doug F.



To: Dennis G. who wrote (6253)12/3/1997 12:17:00 AM
From: BZOOKA  Read Replies (1) | Respond to of 13925
 
Dennis,cheer up..I have seen Creaf go down for NO REASON many times,the trick with Creaf is that it scares the living pants of everybody by dropping like a BOMB and then for the same reason which is none goes up but when it goes up everybody including me gets fooled and gets the idea that its gonna go higher.
So buy LOW sell close to HIGH be happy by 4-5 box,I have made lots of money and LOST lots of money since I play options with this wild thing.I bought many contracts of DEC 30 average $1 and much more DEC 25 C around $3 now averaging down but if it goes lower will take the loss and load up like crazy on JAN 25 cause it will go BACK UP TO A HIGHER HIGH.

Its a crazy stock



To: Dennis G. who wrote (6253)12/3/1997 12:24:00 AM
From: ronco  Read Replies (1) | Respond to of 13925
 
Dennis, No doubt this can be challenging especially when we look so good from fundamentals to TA. I think you sum up the very essence that MMs so thrive on. Given that nothing is wrong at this point suggests to me that the MMs are doing a good job of working this puppy. Margin money has been called galore and MMs are lovin' every minute of it. We will move again shortly and with great might breaking through previous highs unlike any other breakout we've seen before. Keep the faith and take advantage when you can on these dips. You just don't see stocks like CREAF drop like this over the last few days on no account. Of course MMs know we know the markets high and that many of us are emotionally emeshed in our life savings. The stock has to make a real statement with confusion to freak the loose hands out. You look at this company month end month out setting new highs. The market wants to buy value - we've been buying value, and the MMs want more of it to buy and sell. This is one of the most solid small companies out there today. Smaller companies are even starting to rally and this is one of the best in the world with unlimited horizons and yet it is dropping? The companies products are so hot they are challenged with keeping inventory in the stores. One of their greatest challenges is keeping their systems running at full capacities. I will continue to buy at these levels and hope that I continue to have more opportunities to do so. There won't be a 2 point drop where I won't be all over it only to buy more on each and every buy. Don't be suprised to see a few "strong buys" over the next few days. If I'm not mistaken I believe there is already one out - seems like there was a mention here earlier. A couple upgrades and a cash aquisition which is most newsworthy, and we'll be blowin' thru 30 soon - even in a slowing market. Remember, everyones looking for safer havens and this little techer' is about as solid as we can get.

BUY,

dave



To: Dennis G. who wrote (6253)12/3/1997 12:45:00 AM
From: mozek  Respond to of 13925
 
You hit the nail on the head. The thing that caused it to plummet last time were just "worries". After watching other reasonless drops followed by higher highs, and then missing that one, I resolved to buy calls on the next. As BZOOKA said, if it goes down further, I'm averaging down.

Thanks,
Mike