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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: Fred Fahmy who wrote (13823)8/6/1999 11:12:00 AM
From: Alan Villalon   of 13925
 
Fred,

I too thought as you did with the spike to 18. I thought better days may be ahead for CREAF but was completely wrong. I have held this stock for over 2 years and have dealt with nothing but misery. Management does not have a clue. Profit margins are deteriorating and their is nothing sexy in the future for this dog.

MP3 didn't save Diamond and it won't save CREAF (S3 takeover was even a take under so don't expect CREAF to trade up on takeover rumors). I kept looking at CREAF as a value play (large cash and low PE) but no one wants this value play. In a market of supply and demand, there is very little demand for a company with poor management.

Good CREAF Charlie Brown, sell it! Time to move on.......
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