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


To: Jon Tara who wrote (11524)6/4/1998 11:23:00 PM
From: BZOOKA  Read Replies (2) | Respond to of 13925
 
I agree with you a 100% Jon,both Fast and Slow Stochastic in way oversold area,I picked up more too.
I have had an eye injury since last week and can not post much but Creaf will have another bounce,I think 2 to 3 points profit logical.

Good Luck to all



To: Jon Tara who wrote (11524)6/7/1998 1:45:00 AM
From: Ben Beale  Respond to of 13925
 
Jon,

I'm back in as well, at 17 1/8 on Friday. First time we've had a bargain price since February, IMO.

Of course, that's not my only reason for buying; I'm a bad typist and CREAF has one of the few symbols easily entered typing with just one hand.

Other reasons:

-the buyback & 7.4 PE (against a 5-year range between 6-145).

-FIRST CALL Consensus Estimates
Yr. Ended Jun. 98 2.13 up 16%
Yr. Ended Jun. 99 2.64 up 24%

I think it likely we'll see 10-15% on the downside before we move up again, so I'm accumulating gradually, selling calls a month or two out as a cushion.

r/s
Ben