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Technology Stocks : Creative Labs (CREAF)
CREAF 0.470+4.9%Jan 12 9:43 AM EST

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To: grogger who wrote (3986)10/4/1997 12:01:00 PM
From: BZOOKA   of 13925
 
Rob..there has been many upgrades since last March and the PE for 1998 islike 10.9 very low compared with an average PE of 22 in the industry per zacks..it should take off and reach $35 and then fluctuate in the $30 area .Lats time Merril Lynch set a target price of $25 the stock met that target with next breakout then they raised the target to $35 and many have advised their client to get in befor the 2Q cause thats the strongest Q so it should give them a handsome
return for the six month investment,therfor the stock should rally way befor end of 2Q to some solid grounds in the $30s and since I am a OCT call player I sure hope it happens sooner than later but if it happens later,I will catch it with DEC or JAN calls.
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