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


To: Vanni Resta who wrote (9344)2/3/1998 9:42:00 PM
From: virgil vancleave  Read Replies (3) | Respond to of 13925
 
may the tuck runneth you over vinnie!! looks like asia and currency starting to recover and thus market is strong. just a matter of time before creaf makes new highs. chart is looking better all the time.
anyway, there are far better shorts out there than creaf as it appears creaf is being accummulated here just under 20. also, notice the strength in the market at the end of the day and the positive earnings released by csco. just means overall market trend will continue upward and i quote "the trend is your friend".
just my opinion fwiw. good luck



To: Vanni Resta who wrote (9344)2/4/1998 1:34:00 AM
From: Douglas V. Fant  Respond to of 13925
 
Vanni, I agree with you here. I feel that we'll drift sideways to slightly down just on technicals for a while, say maybe a few weeks until the chart pattern on CREAF turns from bearish to at least neutral. That change is coming- you can see it on a chart with the 50-day moving average.

But IMO we need a little more time to get there.

Also anyone following progress of new Graphics cards with Voodoo2 Chipset. TDFX had said that they were capacitiy constrained about a month ago I believe. I just wonder if that will delay implementing CREAF production for a while- or would CREAF get an allocated "piece of the pie" of TDFX's current production capacity???

Since CREAF is potentially such a big customer,I have to believe that TDFX will want to make them happy- but does anyone have some insight upon this issue?

Sincerely,

Doug F.