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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: Power ranger who wrote (13881)2/9/2000 8:44:00 AM
From: jgideon  Read Replies (1) of 13925
 
Are you trying to say that CREAF has become an internet
play? That would be a reasonable explanation for this
latest rise. However, I don't buy it. They have been
talking about an internet strategy for quite some time
and it never really gets very far. Perhaps I've missed
the announcements, but what internet property do they
have that is unique, one that isn't duplicated by several
other web-sites out there? (and I don't mean sites that
are specific to their own products)

hifi.com is just another electronics site. It has a
limited selection and OK prices. Its feature is supposed
to be experts to help you, but I expect web shoppers to
use experts to choose a model, and then go the web site
with the lowest price to buy. I don't see why it should
be more than an also-ran.

I suppose the years of looking at CREAF as undervalued,
but never respected on the street have made me pessimistic
about this stock. Seeing it double in the last couple
months first brings about thoughts of shorting it. I mean,
earnings projections show a 20% decrease for FY 00 and
are flat for FY 01. Internet plays can eat their cash
position. Perhaps one plays this for IPO gains, but I
don't see much else.

Anyone with positive spins, I'd like to see your take
posted.

jg
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