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


To: Dennis G. who wrote (6858)12/9/1997 5:49:00 PM
From: Jon Tara  Read Replies (1) | Respond to of 13925
 
Dennis, will take a look at the TA tonight when I have today's closing data.



To: Dennis G. who wrote (6858)12/9/1997 8:28:00 PM
From: BZOOKA  Read Replies (2) | Respond to of 13925
 
Information from General Counsel of Creaf:
My brother talked to him today;
"He said the patnership deals still in place but will not jeopardize them by early announcements but working hard to get them done and announcements will be done at the right time.
They will not make statements regarding earnings or sales everytime some analyst gives a buy or sell recommendation.
The reason for the drop in share price due to some investor selling around SIX MILLION SHARES and getting out of Creaf holdings.
Company very concerned about current share price and what happened.
Management very focused on sales making sure maximum is done and every sale made ,do not have time to focus on anything else as this season is the busiest time for them.
Also watch the news and wires every day for further announcements."

We are very lucky that the price did not tank much lower with SIX MILLION shares for sale,and a good chance to have a strong rebound now that its over and I hope it is.

Good Luck to All