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


To: Jon Tara who wrote (9373)2/5/1998 10:27:00 AM
From: Savoirman  Respond to of 13925
 
The whole market jumped in Singapore, STI up 4.7%. Small-cap techs did very well, some up 20%, but biggies like Creaf were little changed. The market is likely to get bashed down tomorrow as a major property company here was revealed to have difficulty paying up for land tendered from the government. It's asked for, and obtained, a two-month extension. Property stocks (they are big here) will probably lose much of their recent gains. I still believe the market will soon learn that techs are the only way to go for the next 18 months. So Creaf could very well jump tomorrow, after having been static on relatively large volume here for a few days (and a big rise on Nasdaq tonight, fingers crossed, won't hurt).



To: Jon Tara who wrote (9373)2/5/1998 10:34:00 AM
From: Ken Twining  Respond to of 13925
 
JT:
We're moving rather smartly through the 20 resistance level early in NY this morning! I guess the word is getting out on new Creative investor group's filings or whatever.
The new and improved Chip, Vanni and his comment of "flat to lower" doesn't hold water! And as you said Mr. Chips must be covering TLAB and CTXS shorts or else it's "Goodbye Mr. Chips".



To: Jon Tara who wrote (9373)2/5/1998 11:15:00 AM
From: Vanni Resta  Read Replies (1) | Respond to of 13925
 
Didn't make any mistake. This stock is going nowhere, or down, for months. No point in being in it. Already caught a huge wave in other tech stocks with the money that would still be just sitting there in Creaf. So, I have no regrets at all. You should always have your money in the best stocks out there, rather than get sentimental and fall in love with a stock.

Happy Investing!

Vanni