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

To: Gopher Broke who wrote (13310)	1/12/1999 7:52:00 PM
From: mr.mark	Respond to of 13925

hey gopher, i can't answer for dan, but i can say that if you've ever "been married" to a stock (like he said he has been), then when it's time to adios, there's nothing that can keep you. by then, you've had all the logic and reason you can stand. just from my own experience, mark

To: Gopher Broke who wrote (13310)	1/12/1999 8:11:00 PM
From: Fred Fahmy	Respond to of 13925

Gopher, Earnings are 1/29 per I/R. I have to agree that now is not the time to bail. I am going to hold at least through earnings and see what happens. However, I certainly can fully understand someone's frustration level reaching the breaking point. Perhaps the sense of one's relief is worth the potential opportunity loss. I know when I have been in a stock that I have wanted to get out of for a long time, there is a tremendous relief once you pull the trigger. Besides, if you think there are better opportunities why NOT sell now? <Lets see Creaf blow away even the hefty estimate of .65 for this quarter.> We'd all like to see that but as you pointed out .65 is quite hefty. I don't see a huge upside surprise, but I would just love to be wrong. Second, I'm afraid if the best case does happen, i.e. we exceed estimates significantly, the pop in price which results will be short lived as many frustrated investors use the opportunity to dump. FF

To: Gopher Broke who wrote (13310)	1/12/1999 9:10:00 PM
From: Nazbuster	Read Replies (1) \| Respond to of 13925

Why wait so long and then sell just before Creaf reports earnings for what is traditionally their strongest quarter GB, I did $4000 today on day-trading alone. (Wild day! Wish they were all like this.) Although my CREAF was in the Pension account, I realized that there are other ways to make it grow. I keep watching good stocks like Home Depot, GAP Stores, Safeway, etc. make a steady march upward and finally realized the objective of investing is NOT to be "right" at any cost, but to make money with a good risk-reward ratio. Take a look at the following chart (1 year): techstocks.com Is this a way to make a living? I have also learned that earnings data usually leaks out and is reflected in the stock. Jenna has a whole trading philosophy based on it: buy good companies a few weeks before earnings and capture the run-up to earnings. CREAF is approaching earnings and the stock is STILL leaking like an old ship. No doubt, if they really surprise Wall Street, they will be rewarded with 3 or 4 points. Then will come the inevitable slide. What can they offer for the future? More DVD? Better sound? I'll probably kick myself when CREAF reports $15.00/share earnings and a cure for cancer on the 25th...