Creative Labs (CREAF) Message Board

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Technology Stocks : Creative Labs (CREAF)

CREAF 0.370

-21.3%

Oct 31 1:10 PM EST

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To: CHIP HUNTER who wrote (8751)	1/23/1998 6:41:00 PM
From: Y. Samuel Arai	of 13925

Well, the inventory levels... I don't know what they were same quarter last year (it doesn't say on the reports) but compared to the June 97 report levels, inventories have more than doubled, which is worrisome. I don't know how the inventories have historically fluctuated for this company. What worries me more is that total sales are up only 2.3% compared to same quarter last year...basically flat. They made up for it by reducing the cost of goods sold and cost of operations (streamlining). It isn't showing sales growth... If indeed inventory levels are much higher than same quarter last year, we could be headed for trouble. Sam

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