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: JP Sullivan who wrote (13876)	2/8/2000 11:07:00 PM
From: Fred Fahmy	Read Replies (2) of 13925

Winston, My take on the current rise. 1) core business fundamentals have bottomed out and we could start to see YTY profit growth once again (despite disappointing revenue). 2) Lots and lots of hype surrounding the recent venture capital initiatives and the prospects for IPO spin-offs such as hifi.com. 3) The buyback probably contributed, at least in getting the ball rolling (i.e. the volume started to picked up shortly after earnings). BTW, CREAF is currently trading around $25 (US dollars) in Singapore. Like you said, hopefully the momentum will continue. FF

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