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


To: BZOOKA who wrote (7404)12/18/1997 1:46:00 AM
From: SASQUATCH  Read Replies (2) | Respond to of 13925
 
Wish we had a crystal ball, increased my position by 1/2 yesterday. I'll hold for a while also,as I don't see much happening 'til near earnings.
The tech.sector in general sure is weak at this time, some very nomally solid stocks floundering (up 1 down 2 ). Unfortunately it seems to be still a very bear market for tech. stocks at this time.
Good earnings should be rewarded, however I don't know if Creative can do it this quarter, next quarter yes.Decisions , decisions.
Thanks for the T.A report.



To: BZOOKA who wrote (7404)12/18/1997 6:01:00 AM
From: DRRISK  Read Replies (1) | Respond to of 13925
 
Bzooka,
Thanks for the TA I really think a stock like Creaf trades somewhat predictably through TA. I am impressed with recent comeback and would hope that Asian factor has played itself out. With Msft rattling its sabers who knows what will happen. The Techs recently look for reasons to sell off primarily due to high valuations. That is part of why I like Creaf because the valuation is comparatively cheap. If they can grow revenues now through acquisitions this price will be history soon to the upside. If all the earthquakes stop we will be happier soon.

DrRisk