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


To: taxikid who wrote (6367)12/3/1997 5:24:00 PM
From: Brian Lempel  Read Replies (1) | Respond to of 13925
 
Taxi, I think we are up for the rest of the week, FWIW. This is pretty common for CREAF...a topping formation, then precipitous drop that climaxes with a vertical dtop, like we've seen in the past couple days. Now that we've filled the gaps and bounced off the 200 day MA, we should move back up.

The ML thing is BS. My dad is an ML client, and has new software that lets him read their reports. I get it tonight and post details and reasons. I really can't see much reason. Asia may be experiencing weak sales, but doesn't it seem likely that it is a big enough reason to issue a downgrade. Even the company is guiding people towards higher estimates! I'm just curious...of the firms covering CREAF, how many have upgraded since the blowout? Was ML one of them?

Brian



To: taxikid who wrote (6367)12/3/1997 6:05:00 PM
From: BZOOKA  Read Replies (1) | Respond to of 13925
 
Taxi,I am playing russian roulet loaded up on DEC will do more on DEC and JAN all my paychecks in there plus savings.I am down real bad from last week but believe this drop thing is fake...they knew who wanted to sell bought it at a bargain once over will be up sharply.Charts screaming OVERSOLD.

Good Luck