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


To: Dennis G. who wrote (6450)12/4/1997 1:16:00 PM
From: Terry Jackson  Read Replies (1) | Respond to of 13925
 
I certaintly would not sell now, unless you need a tax loss. IMO the current situation in Asia has a lot to do with the recent movement -- it gives the jackal MMs an excuse to play around with the stock. Look at the PE and be patient. This is not to say it can't sink even lower -- more opportunity to average down!
Terry



To: Dennis G. who wrote (6450)12/4/1997 3:34:00 PM
From: virgil vancleave  Respond to of 13925
 
i sold a covered call at 25 when we were at 28 and got called. got back in at 25 3/4. looking to average down but will wait or get my price. you really want to see some "beaten" stocks check out some of the gold and mining companies. the blood has really flowed there. my opinion only, but i think the carnage in precious metals is just about over. time to start looking in that sector during the next 2 months as that is where i think the bottom will be. gold dropping is making all the news lately and has become "obvious" that all should be short now.
but i still like creaf and think it is one of the better opportunities right now. you have to buy during weakness unless the uptrend breaks. it is still intact here. altr on the other hand looking like good short to me.
good luck