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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 (13910)4/6/2000 1:20:00 PM
From: Flint  Read Replies (1) of 13925
 
Seems like momentum was cut away for a while as internet fluff was removed. Shorts are in the stock and will be / should be scrambling to cover. Capital Group should still be accumulating at current levels given undervalued entity. All we need is 20x underlying earnings and this stock will be some US$35. That means their entire internet portfolio is free and more.
If we use 25x underlying earnings, and put in say US$2bn for their portfolio of internet PLUS broadband technology and other software stuff, stock should be US$45 plus US$24
ard US$70 (rounding up).

Perhaps that's what Capital sees in the stock.
I'm staying long.
Too bad I missed taking money out at US$40 levels.
Oh well ...what's 25% when you are gunning for 200%.

Personal target still at US$88 assuming overshoot.
Internet fluff may be gone but the core earnings is still going strong....

Has anyone heard anything fundamentally wrong with the business for the company like products failing ? Would love to hear from people in Japan on this one.
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