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

To: mr.mark who wrote (11210)	5/7/1998 8:43:00 AM
From: DRRISK	Read Replies (1) \| Respond to of 13925

Creafers, Hello guys I am being stalked all around the SI network by guess who? Anyway my feelings about the Creafster remain extremely positive, I am, however, still extremely negative about the market and think that stocks like Creaf are for sure, safe havens due to their valuations. Creaf will grow revenues like gang busters in the second half into 99, IMHO, by all standards they deserve a PE of 15-20 based on market technicals but their past has haunted them and they need to reprove their capacity to grow revenues. They are total winners having built my own computers they are a corner stone even more important then INTEL. The only missing component was video and that seems to be now an engine for future growth. I have not bought the Video card yet and have waited for it to come down a little in price. As to the TECH market I have seen serious erosion and lack of follow through in share price in many Tech companies over the past month. Some shares have lost 20-30% in short order. I think we are seeing another round of Tech selloff that is a foreshadowing of a broader market correction. Stay in cash or daytrade for the inevitable meltdown in the next few months. Dry powder will make great ammunition when it happens. I believe that Creaf at this price is still a great buy but as I have already indicated I am not holding anything long right now. Including Creaf. Good Luck all IMHO DrRisk being Stalked