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


To: Douglas V. Fant who wrote (6270)12/3/1997 1:58:00 AM
From: milton  Read Replies (1) | Respond to of 13925
 
Douglas F.
Thanks for the great quote. There are a number of possible signals which I don't know are affecting stock prices. Stocks such as creaf, bioi, triby and a host of others are moving downward when their fundamentals point to a definite upward valuation. Gold is selling at an alltime low. I hear news today on deflation being a problem. But the bottomline is: even with disinflation, overseas markets getting hosed, interest rates stagnant, where else is the trillions of investment dollars going to go-- under the mattress? No. I think reason will prevail soon and all the money parked on the sidelines will press the market upwards, particularly the US markets. Right now there are no other alternatives. If interest rates start to move up again, then all bets are off. Otherwise, I feel the best position right now is to be buying more equities as they get hammered down.