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: Ben Beale who wrote (13089)12/11/1998 3:47:00 PM
From: Dennis G.  Read Replies (2) | Respond to of 13925
 
TDFX is a traders stock with a high short interest. It's even more volatile than CREAF and prone to speculation runs. CREAF hardly ever gets any speculation, except maybe a little recently over the buy back. I think some traders may have gambled that CREAF would seek 20 bucks or more this year and caused the run to 18 1/2. When it became apparent that CREAF was not that aggressive, they bailed and drove the price down. Some may even have gone into TDFX. Who knows? It is weird how they both are selling for the exact same price right now.

BTW, CREAF volume today over 2 million. Should show up as a volume surge on Monday. Hope it helps. I bet CREAF picked up half the shares today at least.

Dennis