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


To: Brian Lempel who wrote (12875)11/22/1998 10:59:00 PM
From: Richard Haugland  Respond to of 13925
 
Brian, we must both be on line. Also holding NETA (another AlienTech suggestion, which has nbeen generally good to me (except last Friday)) but I have branched into two telecommunications companies WAXS and TELC. WAXS is buying TELC and it started as an arbitrage situation but I am doing very well holding mostly TELX, which is going to be bought by WAXS in two weeks. Also in OCAD and SMMT where SMMT is buying OCAD. Didn't do so well in that one. I got completely out of CREAF at about 22 but bought back a bit at 15 and again at 12 then rode it down to 9 (or even 8) and bought quite a bit at 9 to 9 1/2 then again the last two weeks at 13 to 14. That sure looks good now, I believe. It is difficult to know whether they were buying or not last week and we may never know. I would be happy to see 20+ again, which is where I may start to offload some of my holdings, although this should be a quite good quarter anyway for CREAF.

I have also gotten deeply into a very small cap XETA, also in the telecommunications area. Also in a couple of biotech/pmarma companies AFFX and BCHE and was in MLNM and SANG but got out of both of those about even to a bit up.

Are you still in CELL? Sure would have been a great or terrible buy depending on whether you were in or out of it before its big drop and recovery. I placed an order for it once on your suggestion at about $17 but did not get filled and never went back to it.

No more APM, however, since the disaster a year ago.