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

To: mr.mark who wrote (11279)5/15/1998 3:52:00 AM
From: Richard Haugland  Respond to of 13925
 
" This thread is errily quiet, have everybody abandon ship?"

Yes. I mostly bailed out because I did not want to go down any further with the sinking ship. Sinking like the Titanic. May try to get back in when it hits the bottom, if anyone can tell me when that will be. Of course, my luck, it will bob like a cork and hit 20 tomorrow.

I guess the lesson is to never buy a stock with a P/E of 8. Only buy those with a P/E > 50.


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