Creative Labs (CREAF) Message Board

STOCKTALK

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)

CREAF 0.440

0.0%

Dec 11 9:30 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Douglas V. Fant who wrote (6698)	12/7/1997 12:32:00 PM
From: C S Lai	Read Replies (1) of 13925

Doug: ML analyst opinion is 8% growth for CREAF in 1998 fiscal year. That is why CREAF may not have the previous expected earning of $2.64 and will be $2.50. However CREAF recently acquire Cambridge soundwork (HIFI). The financial data of HIFI will be integrated into CREAF in the Dec quarter. Traditionaly HIFI has highest and profitable quarter in the december quarter. Last year December quarter, HIFI generated $18.075 Millions and 14 cents per share profit. This revenue will probalbly offset the Southeast Asia revenue loss in the current quarter, (ML analyst said a possible 18% revenue reduction in the Southeast Asia). I do not know if ML consider the issue of the new CREAF acquisition on HIFI. Overall, key issues are still the US and Europe sales in this holiday season. CREAF will make the number provided these two cylinders fire strongly. Best regards, Stanley

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next