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Technology Stocks : Creative Labs (CREAF)
CREAF 0.4700.0%Jan 2 9:30 AM EST

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To: Fred Fahmy who wrote (4270)10/18/1997 2:01:00 PM
From: Jon Tara   of 13925
 
Fred, the key word here is "eventually". But you don't seem to be investing with that word in mind. You have a very short-term target, for an investor. (Keep in mind that I am a trader, so I am exempt. :) ) Targeting any particular price "by the end of 1997" is foolhardy for a long-term investor.

They could have blow-out earnings and be at 18 before the end of 1997, and never make it to 30. Depends on the mood of the market.

Also, keep in mind that either the stock price may catch up with reality, or reality may catch up with the stock price. That is, the rest of the market may wind-up being valued the way CREAF is now.

I agree, though, that if CREAF continues to perform as well as it has fundamentally, that the stock price will advance - "eventually".
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