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


To: Brian Lempel who wrote (10858)4/16/1998 10:04:00 PM
From: Fred Fahmy  Read Replies (2) | Respond to of 13925
 
Hi Brian,

While the TDFX news is positive, I don't expect it to have an immediate or significant impact on CREAF's stock price. Even if CREAF goes up tomorrow I would attribute it to coming off the bottom of its trading range more than the TDFX announcement. The Street is not logical enough, in the short term, to relate TDFX's success to CREAF. CREAF will have to "languish" until it is ready to move on its own. I have watched dozen of solid stocks "languish" for months before making their move to close the gap between stock price and fundamentals. This doesn't mystify me like it does some people <ggg>. I once read a very interesting quote that went something like this...."it doesn't take genius or luck to make money in the stock market.....it takes patience". We've done our homework now we have to wait for the market to catch up. Discovering stocks like CREAF before the analysts or the Street understand what's going on is how you make a killing. Of course others who are less motivated or less knowledgeable rely solely what the analysts tell them.

Good luck to all,

FF