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


To: Jon Tara who wrote (6293)12/3/1997 9:46:00 AM
From: Nick  Read Replies (1) | Respond to of 13925
 
Now down 2 and change...@ 21RT....at this rate we'll be at 19 today...

Frustration!!



To: Jon Tara who wrote (6293)12/3/1997 9:48:00 AM
From: Justin Pressley  Read Replies (1) | Respond to of 13925
 
Entry Point at 19..

I'll have nothing to enter with at that price.

Heck, I'll have nothing period.. : )



To: Jon Tara who wrote (6293)12/3/1997 10:21:00 AM
From: BZOOKA  Read Replies (3) | Respond to of 13925
 
IMPORTANT NEWS..Found out whats going on:
Shares of Creative fell 9.7% amid concern the stock price may have overtaken the company's profit potential,analysts said.
Lucas Ward at Goldman Sachs said Creative still expecting a very strong quarter and uit has said"its comforttable with meeting expectations" but because of investors psychology,some people might interpret(not exceeding expectation)as a negative.
Meanwhile,ABN securities(Singapore)said it lowered its recomendation this morning to a sell into strength from trading buy Creative shares fell as much as 4.40 to 36.70.
THE STOCK ALSO FELL on speculation that Robertson Stephens had downgraded its rating on Creative a representative for Robertson Tokyo office said the company still has a BUY rating.
Creative officials could not be reached.
News by Bloomberg 12/3/97

This is just like when Svhroder downgraded in 2Q 97 and stock went to 8 and when Creaf positive comment came it went to 20,EVERYBODY bombard Creative office with Phonecalls and ask for an explanation WE have to force them to come out with a statement.
Creative labs investor relations (408) 428-6600 ext 6221