SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Creative Labs (CREAF) -- Ignore unavailable to you. Want to Upgrade?


To: BZOOKA who wrote (12566)10/28/1998 2:46:00 AM
From: Fred Fahmy  Read Replies (2) | Respond to of 13925
 
BZOOKA,

It seems like the SES always wants to try and get CREAF back to a reasonable valuation. Unfortunately, their will seems to continuously be overridden by the NASDAQ. The optimist in me would like to think that maybe the markets will see the positive in Q1 and the solid outlook going forward. The pessimist in me says the NASDAQ will eventually find a way to spoil the party. Perhaps the buyback will get us over the hump. I'm no TA expert but it seems that a close above 12 was a bullish sign and if we can break through the resistance in this area we might head back towards 17. Any TA's care to give us their reading??

Right now the NASDAQ futures are down 750 (and they have been down all night) so it looks like if we are going to gain anything tomorrow, we will be swimming upstream.

FF