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


To: BZOOKA who wrote (6861)12/9/1997 8:44:00 PM
From: Brian Lempel  Read Replies (1) | Respond to of 13925
 
Thanks a lot BZOOKA. So would 6 million shares be Vinik? I can't think of anyone else. In fact, I was wary of getting into the stock, because I know from experience that when Vinik dumps (and that is exactly what to call it), watch out below!

However, it is encouraging to hear about the deals.

Also, here's a question regarding Opti.

biz.yahoo.com

Does this product sound like a pretty good competitor for Soundblaster AWE64? Can any techies confirm if the specs are similar? And check out the price. Here they are selling them for $6.00 when CREAF is selling theirs for $99 (retail)!

Maybe it's a good thing that CREAF bought them out before they could do any harm!

Brian

P.S. CREAF weak in Singapore trading.



To: BZOOKA who wrote (6861)12/9/1997 8:54:00 PM
From: Dennis G.  Read Replies (1) | Respond to of 13925
 
Thanks for the work, BZ. Sounds like CREAF has learned a hard lesson not to annouce anything before its completely ready. Also better to let their quarterly numbers tell the tale.

As for the 6 million shares, that definitely sounds like Vinik's work. Very hard for the market to absorb that much supply at once. If it wasn't for that, the damage would have been much less severe. But we can at least thank him for showing where the support is and providing some bargains to willing buyers.

Dennis