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

To: Richard Haugland who wrote (8559)	1/21/1998 6:12:00 PM
From: Douglas V. Fant	Read Replies (1) \| Respond to of 13925

Richard, Big picture point. There's something going on here in tech stocks IMO, at least small/mid cap tech stocks that we all should note. Well first and obviously most tech stocks have bearish chart patterns. OK, fine, but note that technically mid/small cap tech stocks chart patterns are improving and stabilizing as we speak. I track 20 tech stocks (and one medtech stock) daily. Interestingly of the 20 stocks, 19 of the stocks up/down ratios have turned positive in the last eight or so days. Just one technical indicator, but.... It indicates that someone is accumulating these stocks.... So while we are not looking at bullish chart patterns, we are definitely in an area of improving tone in the small/mid cap tech stocks. Look e.g. at the whole DD sector over the last couple of days. Nothing but dogbait earnings reports, except for INVX which was OK. All traded sideways to up over the last couple of days in spite of the bad news. Look at INVX. It dropped on release of its earnings report yesterday, traded lower in the morning today, and then roared back about 15% this afternoon to finish higher. So we're not at thse start of some huge bull market in tech stocks (yet)- but IMO the technical tone is definitely improving- particularly in the small/mid cap tech stocks (under $1B US. I consider CREAF to be a "mid-cap")..... Hence my prediction that we'll trade in a range for a couple of months.... Not much downside in small/mid cap tech stocks as the tone improves, but also not much upside until we break out of the bearish chart pattern which will take several weeks IMO.... Long on CREAF.... Sincerely, Doug F.

To: Richard Haugland who wrote (8559)	1/21/1998 11:48:00 PM
From: David Wise	Read Replies (1) \| Respond to of 13925

My entry: eps = $.77 Revenue = 417M Friday (23)Close = 19 1/4 Since I'm long, I hope the eps is greater. No offense, but the money reward is preferable to the great honor that you will bestow. Of course everyone's waiting to see the effects of Asian problem and currency translation. I'm guessing sales will be record high, based on new products and 4th Qtr. Currency translation could hurt. If don't meet estimate this Qtr., I see great potential on any price drop. This co. is the standard and (IMHO) will be as strong going forward as a Microsoft or Intel in earlier days. Thanks Richard!

To: Richard Haugland who wrote (8559)	1/22/1998 4:30:00 AM
From: Howard	Read Replies (1) \| Respond to of 13925

I believe that you left my $300 revenue estimate off of your updated list. Thank you for compiling the information. It will be interesting how we do versus the real figures on Friday. Good luck to all!

To: Richard Haugland who wrote (8559)	1/22/1998 7:16:00 PM
From: Richard Haugland	Read Replies (8) \| Respond to of 13925

Interim summary of earnings estimates (see rules and prizes in post 8419) 31 people guessing so far; still time for new submissions until noon ET tomorrow(or when I get around to posting the final summary) earnings before any charges John Day $0.65 Richard (Dick) Haugland $0.70 Brian Lempel $0.74 David Wise $0.77 Mark $0.78 Doug Fowler $0.79 Pascal $0.79 Power Ranger $0.79 Fred Fahmy $0.79 Nick $0.80 Alan Chan $0.81 Sparkle $0.82 Brian Dittmer $0.82 Bzooka $0.84 Prakash $0.84 Virgil Vancleave $0.85 David Beckett $0.85 RCVJr. $0.86 G. Gekko $0.87 Hitch $0.88 Mike Walker $0.89 Mr. Mark $0.90 Howard $0.90 John S. $0.91 Justin P. $0.92 Tom Schmitz $0.94 Gameboy $0.94 Ivan Sanchez $0.99 David $1.00 (special e-mail request to post) Stefan Babjak $1.00 DRRisk $1.01 Average estimate $0.86 gross revenues for the quarter (in millions)(those who have made estimates of earnings already but not indicated earnings can do so before noon Friday if they wish) John Day $260 Richard Haugland $270.7 Sparkle $278 Mark $294 Howard $300 Tom Schmitz $344 Ivan Sanchez $355 Doug Fowler $378 G Gekko $385 John S. $388 David $401 Fred Fahmy $402 Power Ranger $405 RCVJr $415 David Wise $417 Hitch $428.513280 Gameboy $438 Stefan Babjak $450 David Beckett $471 close next Friday John Day $16.00 Mark $18.0625 Doug Fowler $18.50 Power Ranger $18.50 Richard Haugland $19.125 David Beckett $19.125 David Wise $19.25 RCVJr $19.50 G. Gekko $19.875 Nick $20.00 Hitch $20.0625 Brian Lempel $20.1875 Virgil Vancleave $20.25 Sparkle $20.50 Fred Fahmy $20.75 Gameboy $21.00 Prakash $21.00 John S. $21.71 Brian Dittmer $21.25 Bzooka $21.50 Mr. Mark $21.50 Howard $21.50 Pascal $22.25 Tom Schmidt $22.25 Ivan Sanchez $22.50 DRRisk $23.00 Mike Walker $23.00 Alan Chan $24.00 David $24.00 Stefan Babjak $27.00