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


To: Vanni Resta who wrote (10834)4/15/1998 4:12:00 PM
From: The Rooker  Read Replies (2) | Respond to of 13925
 
RE:I am neither short, nor long. But it is interesting how this stock continues to languish in one of the biggest bull markets.

It actually might be a good time to sell to raise some money to pay taxes, and to generate some losses to offset gains for this tax year.

Happy Investing!

Vanni

Are you serious? You have to realize that some people (like myself) have managed greater than 40% on this stock in 3 months - it won't generate any losses for me :(.

I'll admit that this stock is a strange mover but to me your post sounds as though you have alterior motives (I hope I am wrong). I am currently moving more money into this one, I am scared that I will miss the jump to the high 20's because I really don't know when it will happen, but I definitely believe it will.

- Rooker



To: Vanni Resta who wrote (10834)4/15/1998 11:32:00 PM
From: Fred Fahmy  Read Replies (1) | Respond to of 13925
 
Vanni,

"Generate some losses"?? Sounds like you have experience in this. Isn't it true that you sold some CREAF in the 18's which you bought in the 20's?? While you were selling we were buying. Personally, I bought in the 17's. What wrong with getting a 30% return in 3 months? Has the market gained 30% during the same time?? It's all about knowing when to buy and sell. Right now is a time to buy....let's see whether CREAF or the market indices gain more over the next few weeks.

FF