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Strategies & Market Trends : APMP (formerly APM) -- Ignore unavailable to you. Want to Upgrade?

To: Wall Street Jr who wrote (11131)	5/14/1998 3:22:00 PM
From: Brian Lempel	Read Replies (1) \| Respond to of 13456

I'm still in. Bought a lot more at $21 right before earnings. CREAF is a good 6-12 month play. Even in the next month, I would expect some excitement with OEM deals and SBLive intro. Further out, a buyback will occur and be a boost to earnings. Their guidance for next quarter was admittedly conservative. A few cents upside if they can get enough memory for Voodoo II chips. There will be a beautiful move in CREAF if you ar willing to be patient and wait for the ride. Earnings will grow next year (finally), and CREAF generates massive amounts of cash. For the short term (1 week), buy CELL. It hit bottom yesterday and bounced up. Good for 1-2 points until it hits resistance in the $20 area. However, huge news coming up that will cause a 25%+ move. Probably next week, although I should find our more tonight. Brian

To: Wall Street Jr who wrote (11131)	5/14/1998 6:09:00 PM
From: Richard Haugland	Read Replies (1) \| Respond to of 13456

I finally dumped most of my CREAF today at the open at 19 1/8 then near the end at 18 3/8 and 18 7/16. Of course it immediately headed up a couple of 8ths but -- almost like APM when I finally dumped it (mostly at $20-$22)-- I feel somewhat relieved. Overall CREAF has been a loser for me I expect despite some good runs and profitable day trades. I should have stayed out when I sold everything at $23-24 1/2 one day. I believe I still have 1k shares of CREAF left in another account that I may keep for seed. Personally I look for more problems with the stock in the short term due to its closeness to Indonesia and the poor investment climate now in Singapore too. I would buy it back at about $16 if it gets there but IMO it may float below $20 for the next 1+ quarters too. I went very long on cash today overall in my main account, selling most of my NETA, buying some of it back nearly a dollar cheaper then selling most of it again at the very end at another profit. Great day trading stock. I was surprised at the strength of the market this morning but not surprised at the general weakness in the late afternoon. I also took a loss on one of my lagging drug stocks but sold another and bought it back cheaper late in the day. Overall a good day.