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

To: BZOOKA who wrote (9700)	2/13/1998 3:24:00 PM
From: exitleft	Read Replies (2) \| Respond to of 13925

All, Isn't it true that Singapore companies can not release major news announcement until Saturday because of some fair information act? If this is so, I would expect something out after US market close. Anyone else remember anything like this? Thanks. Exitleft.

To: BZOOKA who wrote (9700)	2/13/1998 4:05:00 PM
From: prakash	Respond to of 13925

I took some profit myself today. More than doubled my Mar 22.5 calls so happily closed the position. Hoping for some good news over the weekend else will buy on dips on Tuesday.

To: BZOOKA who wrote (9700)	2/14/1998 12:11:00 PM
From: DRRISK	Read Replies (1) \| Respond to of 13925

Bzooka, Congratulations on your success with Creaf you royally deserve your gain. I traded out my day account at 22.5. Still hold 18K long and am nicely profitable on this now. My read on this is the following. GSCO and OPCO did not get back in at these prices to do anything other then ride this into the 50's where it belongs. There were still large buys at 23 1/2 at close of 15,000 and higher as the daytraders got out. GSCO was scooping these shares up at the close. I think you are right on the TA but there is news lurking that IMHO takes this stock much higher soon. I do not care when. The shortterm could be bumpy but I doubt that. We may wander next week to shake out weaker hands and allow MM's to accumulate more shares but the Big guys have voted with their cash. They only reassure me that this is just the beginning for this one. GSCO took a position and OPCO retook a position after having bailed out at the end of the year. This can only be positive IMHO. Hang around and keep in the game, you do not want to squander your expertise on Creaf when the party is just getting started. I know you will be back. Thanks for all your TA DrRisk