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

To: Mark who wrote (7181)	12/13/1997 11:35:00 PM
From: prakash	Read Replies (1) \| Respond to of 13925

>Rumour- Just learned from a source that Creative is meeting Ya.. I'm buying Microsoft for 10 Billion dollors.... Let's hope that these are just rumors and nothing more.. People in this thread have tons of money riding on CREAF and this is the last thing anybody would like to see. Prakash

To: Mark who wrote (7181)	12/13/1997 11:50:00 PM
From: prakash	Read Replies (1) \| Respond to of 13925

I guess this article explains who the "big seller" was last week: (but I don't think that company is going bankrupt any time soon) From smartmoney interarctive: YES, YOU REALLY CAN lose money in technology -- even if you don't own tech stocks directly. Proving that point again this week was the Merrill Technology Fund (MBTCX), which we profiled last Friday when it gained the dubious distinction of all-around loser fund of that week. Merrill Tech lost another 10.5% this week thanks to its highly concentrated bets. Creative Technology (CREAF), a company that makes PC sound cards and multimedia upgrade kits, made up a maddening 30.3% of the fund's portfolio as of the end of November, according to Lipper Analytical Services. The company is down 33% since then, including a 5.5% drop Friday that isn't reflected in the weekly mutual fund figures.