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Technology Stocks : Creative Labs (CREAF)
CREAF 0.4700.0%Dec 5 9:30 AM EST

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To: Kulnor who wrote (8622)1/22/1998 5:09:00 PM
From: Dennis G.   of 13925
 
ESST's loss was entirely due to an inventory reserve. Seems their chip provider had an unexpected extremely good yield and they had to eat it all. Without that, they would have made 8 cents.

More news from OAKT. They made 18 cents but some of that was a gain. Not sure how much. Bigger news is they are getting out of PC audio and graphics business and trying to peddle that end to someone. Looks like another CREAF competitor bites the dust.

Dennis
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