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


To: CHIP HUNTER who wrote (8873)1/24/1998 1:04:00 PM
From: prakash  Read Replies (1) | Respond to of 13925
 
If it's the chart, why bother giving talks about asian crisis, clinton scandals, inventory problems, etc.?

You know what you are doing? You are shorting a stock with a P/E of less than 8. Show me another tech stock trading at these levels. This stock *is* at these levels becuase people doubted if they would make the quarter, what the asian crisis is going to do to the company and what would happen going forward into the year, etc. Now that these issues have been clarified in the CC, I can't see how it can still go down.

Tell you what, cover the shorts monday morning and go long. It's ok to make mistakes once a while, but don't tell people again that this stock is headed to $8 a piece with $4 in cash.

Prakash



To: CHIP HUNTER who wrote (8873)1/24/1998 1:51:00 PM
From: HEXonX  Respond to of 13925
 
Chip, it looks like you believe history will repeat itself just like last January and adding the Asia flu into the equation will result in a Chipster downtick. Chip, the clue is to follow the volume, CREAF is easy to read just by volume. That of course is more than you would ever devulge since you are so proprietary.

HEX