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

To: Market Tracker who wrote (12409)	10/9/1998 6:16:00 PM
From: jgideon	Read Replies (1) \| Respond to of 13925

OK, a 10% buyback, and a 9% increase in price already. Where to from here? Certainly, if there were a lot of shorts out there, they would cover. But there's only half a million shares short. Do we expect the market makers to try to drive up the price, knowing that CREAF will be an eager buyer? And will other folks jump on to try to catch the ride? Then it could all come crashing down when the ride is over, with CREAF having spent more than it should for shares. What other scenarios do you folks imagine? I'm a little worried that CREAF seems overly eager to buy its shares and will provide a short term spike in price that will subside back, instead of longer term buying that will support a gradual and maintainable rise. No current position in CREAF. jg