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


To: Douglas V. Fant who wrote (9389)2/8/1998 9:46:00 PM
From: RBB  Read Replies (2) | Respond to of 13925
 
Doug,
Singapore dollar is still improving against US dollar. I just checked the exchange rate and it is
1S$ = 0.6031US$

I use this link for exchange rates:

oanda.com

i.e., Current Creative 50 is @ S$34.2--> US$20.62

Nasdaq has to follow Singapore based on exchange rate and tomorrow it should open between $20.50 and $20.75 provided Creative50 closes around S$34.20.

Good luck to all CREAF longs ( I know there are lots of them )
The price last week is still a surprise to me. Somebody really wanted to keep the price around $20.00 ( This is not options week ). Can some body please tell me why 1,000,000 share trading can not move the stock price 1/16 ( happened few days ago ). Anyway I have seen this stock behave strangely before ( I have been in this stock on and off since $5.625 ) and I haven't lost money on this one yet ( patience is needed for this stock). Hopefully stock breaks thru 20.5 tomorrow and all the people on the sidelines and shorts will start buying.

-Rambabu