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

To: Vanni Resta who wrote (11613)	6/11/1998 12:55:00 PM
From: TNH	Respond to of 13925

GSCO buying at the bottom undergroundtrader.com June 11, 1998 - Thursday 9:40 am - Earnings warnings season is upon us :-) Looking at SAWS (-7 7/16)and CREAF (-1 3/4). Both down hard on earnings warnings :-) SAWS watch HMQT and MONT. CREAF watch the king,GSCO. Both have relatively low volume. Appears that GSCO is accumulating shares on CREAF on the way down. Although lowering his bid, he has been dwelling inside bid this morning. Watch this as it is riding the 0 band as it stands at 9:52. 9:56 am - GSCO looks to take it down lower as he is sitting on the ask and lowered his bid 3rd best. BEST selling a ton of shares. Rarely do you see BEST with more than a 10 size. We think CREAF will go sub 13. 10 am- GSCO inside bid. We're in at 13-3/4 :-) CREAF took quick profits look like creaf headed lower.. BEST 90 size wants to take it lower. careful. 10:20 am - We're back in at 13-3/4, looks like GSCO was serious about holding 5/8 support and rebound off 0 band was nice. Trending higher now. Bottom found at 5/8. CREAF 11:15 am - Scalped CREAF several times this morning, in at 13-3/4 out at 7/8 and 15/16. CREAF in a nice ittle trading range and watch GSCO. Market is weak today and best to take small profits on small bounces and as always cash is king. Everything pretty much trending lower. Might see a small rally end of day. 12:10 pm - Ok, we're back in creaf 13-1/8 for a scalp :-) 11:30 am - Like we said last week, Christmas coming early this year in the techs! It's like January all over again with the Asian flu. Good bargains all over the place. PAIR sitting under $13-1/2.. wow! Making a list and checking it twice kids! ;-) 11:50am - Oh yes.. CREAF looking good for another scalp soon. GSCO displayed a 110 size at 13-1/2 and got taken out. He's really accumulating shares which is a good sign for the long run. However, trending lower today, our original prediction of sub 13 may not be far off the mark.