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

To: space cadet who wrote (7763)1/7/1998 11:26:00 AM
From: virgil vancleave  Read Replies (1) | Respond to of 13925
 
creaf's stock price pattern makes it appear as if they had bad or prewarned of poor earnings. as far as i know, this is not the case and the weakness is a buying opportunity as we retest the previous lows.
time will tell but i believe longterm the trend for the company is still up.
the p/e and price to sales ratio here are at ridiculously attractive levels and it is time to back the truck up and break my rule of not averaging down. hope i am right.



To: space cadet who wrote (7763)1/7/1998 12:15:00 PM
From: Curbstone  Read Replies (1) | Respond to of 13925
 
Space,

It seems to me that Creative's price doesn't correlate with any known rules of market play. If you ask me, this is an excellent time to buy, and should Intel announce less than expected earnings, so much the better. That kind of news would probably catapault this stock to its long awaited highs.

Mike
(PS: I'm not kidding)


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