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


To: CJay who wrote (6760)12/7/1997 11:15:00 PM
From: AJ Berger  Read Replies (1) | Respond to of 13925
 
I'm buying now because...

I think they got hammer'ed recently from
the "Flat Xmas" PC Sales projections.

I figure it was overdone, and with all
the excitement over new initiatives, that
new buyers will be attracted. The DOW's
had a healthy recovery, & tech's generally
follow on the way up. CREAF seems like
it will attract more buyers with these
technicals, especially if there is news
of a lot of last minute Xmas Computer
buying, which is likely. I hope to get
OUT long before any earnings release, and
would not reenter afterwards at least
until fall. Remember that the Back to
School and Xmas seasons are the best for
these stocks. So it's better to buy
consumer related computer stocks in the
last half of the year, and corporate
related computer stocks in the first
half when they have their fiscal budgets
to spend on new equipment. Works for me!