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


To: Jon Tara who wrote (11710)6/17/1998 12:20:00 PM
From: DRRISK  Read Replies (1) | Respond to of 13925
 
The discussion is degenerating.

Calling a Tech correction was not too hard to see. The general weakness of many Tech Stocks have been prevalent since late 97. A sampling of many issues reflects steep declines in share value from their 200 day highs. I have been recommending daytrading Techs since March/April time frame so as to not be caught by any earnings downgrade. I do not think anyone on these threads has been oblivious to the risk of going long over the past month or two, in this historically volatile sector.

A sample, to which many can be added:

COMS 10/8/97 56 3/4
CHKPF 11/20/97 50 1/2
ORCL 9/9/97 40 1/16
CREAF 11/14/97 28 3/8

All that said this sector will reward those who are patient and go long and wade in during the blood in the street phase that is going on right now. I am not recommending smelling too many bottoms, however.

Good Luck All, this is the time that tells the men from the boys.

Hope no one has been hurt too bad "What does not kill you will make you Strong"

DrRisk



To: Jon Tara who wrote (11710)6/17/1998 7:46:00 PM
From: Vanni Resta  Read Replies (1) | Respond to of 13925
 
Anyway, enough of this nonsense. Where do you stand on Creaf? Are you moving in at these prices? To me, there is really not much to say about it, other than that it all boils down when the markets will start pricing in 1999, which will be a better year for the company. So for the truly long-term investor, it is a good buy in here. Much harder to predict short term. I think all the bad news is out about this stock. But you never know.

Happy Investing!

Vanni



To: Jon Tara who wrote (11710)6/17/1998 11:46:00 PM
From: taxikid  Read Replies (1) | Respond to of 13925
 
hey cookie, long time...
not the right time for me. I have not been trading, i will be in fla for 8 days next week, setting up towncars.com....
work never ends..
i will post when i re-buy.. am looking for things to stay soft (even with bounces up and down) i will most likely buy in august.
taxi