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

To: space cadet who wrote (7989)	1/9/1998 4:29:00 AM
From: Daniel Goncharoff	Respond to of 13925

If you look at the long term trend line starting from Sept 1996, you get support for CREAF at about 15 1/5 TheGonch

To: space cadet who wrote (7989)	1/9/1998 10:03:00 AM
From: Douglas V. Fant	Respond to of 13925

space cadet, CREAF will not collapse into the single digits- a realistic bottom on CREAF is around $14.50, IF it sinks. Most tech stocks lost 50% of their value since August. The price of the top techs such as INTC, MSFT fell much less on a percentage basis. So if CREAF is just one of the guys/gals, then 50% of CREAF's high of $29, or $14.50 would be a realistic bottom.... Myself I believe that CREAF is in a bottoming process right now... Sincerely, Doug F.