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


To: taxikid who wrote (9079)1/27/1998 11:05:00 AM
From: Eric J. Beyer  Respond to of 13925
 
I predict that CREAF will open at least 1 1/4 lower than the closing price today, tomorrow morning. Give it 5 minutes. Eric



To: taxikid who wrote (9079)1/27/1998 11:11:00 AM
From: Jim Brannon  Respond to of 13925
 
Taxi,

I could not agree more. Though we longs did not anticipate this short term volatility and the downgrades after this earnings report, we have seen this kind of weak hand "shakeout" before with this stock. Only those who ignore the fantastic long term fundamentals and position of this company will panic, and they will give the big buyers (and ME!) an undeserved opportunity to buy into it at a ridiculously cheap price.

Folks, Sim was not kidding, CREAF will soon OWN the PC audio market...and potentially a large share of the video/DVD/3D markets.

Short term players may have to have to scramble, but the rest of us should take advantage of these opportunities. Don't let them scare you out of your shares!

Jim