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

To: prakash who wrote (9221)	1/30/1998 12:19:00 AM
From: Douglas V. Fant	Respond to of 13925

prakash, BZOOKA is a much better tech man than I. But in tech stocks, my experience is that usually a decent tech stocks retests a low 3-4 times (here around $16/share) before moving upward into a new higher trading range.... So I agree with you $16.50-$20.00 for the time being is a rational bet..... Sincerely, Doug F.

To: prakash who wrote (9221)	1/30/1998 1:01:00 AM
From: Jon Tara	Read Replies (2) \| Respond to of 13925

All: WATCH INTEL. If for no other reason than that everybody else does. :) Intel may be breaking-out of a downtrend. Today was a very bullish move. It needs to clear the 200-day moving average more decisively, but in any case we are at a critical juncture. Which way things go, I will not predict, but I'd watch INTC and take your clues from there. Lack of volume is a concern. If we see a kick up in volume, that will be a very good sign.