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

To: Fred Fahmy who wrote (9614)	2/12/1998 9:52:00 PM
From: Dennis G.	Read Replies (1) \| Respond to of 13925

I agree. Voiced the same concern this morning. Definitely needs something substantial to maintain it. But we know the share buy back is close, so there will be that support. And today's move has at least shown that 22 is not an impenetrable wall anymore. Should also bring some fresh eyes on the stock. I have to believe there are quite a lot of people, both amateurs and professionals, who never heard of CREAF before. If they do their DD on the company, chances are quite a few will like the value here. Dennis

To: Fred Fahmy who wrote (9614)	2/12/1998 10:07:00 PM
From: Vanni Resta	Read Replies (1) \| Respond to of 13925

I don't think one house would take such a large position for their own book. And if this ran up on rumors that are false, it will fall pretty fast. On the other hand, even if this looked pretty spectacular because it all occured in one day, it is still less than the amount most tech stocks have gone up in the past two weeks. So it is not really that big a deal. Creaf shareholders still have a ways to go to catch up with the rest of the big market gains that have occurred. Happy Investing! Vanni

To: Fred Fahmy who wrote (9614)	2/12/1998 10:16:00 PM
From: Duncan Lestina	Respond to of 13925

Yep, may be a bit of a sell-off; BUT this market climate has changed from my perspective. This is a WAKE-UP call from CREAF (the distinguished low P/E leader) to the MARKET. Several of the stocks I own/trade/watch have done similar numbers like this sudden run-up. The next day sure- intraday, there is a slump. But most recover for their next leg-up. If I could just quit my DAY job and be a DAY trader.... Otherwise, it's a HOLD 'till at least the upper twenties.