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

To: VINTHO who wrote (7097)	12/12/1997 12:08:00 PM
From: virgil vancleave	Read Replies (2) \| Respond to of 13925

even chip is long here. chart has good support at 17 or so. then at 14 to 15. it is hard to believe that we are at the level we are here. over the last 2 weeks creaf has lost over 1 billion inmarket cap. does that mean they will lose over 1 billion in sales? the valuation here is ridiculous and that's not including the sales grom the aquisitions. creaf is a market leader and albeit it might take more than 1 day to go up, i have to average down here. but unlike some, i don't have a lot of equity yet and 200 more shares more gives me 800 now. to get more i will have to sell something. but i have another company which i want to buy more based on its valuation. this asian flu could be the opportunity of a lifetime to get in on the panic just as phillip morris was when it was under pressure from tobacco litigation. or it could mean the end to the world and us economy as we know it, in which case it really wouldn't matter what you own cause they'll all go down. just more of my opinion. this company is not going broke.