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


To: Ben Beale who wrote (13052)12/9/1998 1:18:00 PM
From: exitleft  Read Replies (3) | Respond to of 13925
 
Hi Ben,

While you are at it. Could you explain why Creaf
share buy back program took the life out of their
stock. They just might as well go into their quiet
period now!

Exitleft



To: Ben Beale who wrote (13052)12/9/1998 4:35:00 PM
From: Gopher Broke  Read Replies (2) | Respond to of 13925
 
Ben, Thanks for the response. In general I agree that the advance on higher volume is more bullish. But in the artificial scenario we are in at present (Creaf buying only up to $17 at present) I think it is also a positive sign when the price holds steady and the volume decreases, like we saw today. Looks like there now are a lot of investors prepared to hold for a higher price. IMO Creaf will have to up their bid soon to keep on buying shares.