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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: BZOOKA who wrote (4324)10/20/1997 1:40:00 PM
From: Brad Patton   of 13925
 
Concerning earnings:

There has been some discussion on this thread that Asian currency problems will benefit Creaf due to revenues in US $ and expenses in Asian funds. One of the problems with Seagate right now is their use of currency contracts to provide a stable price has backfired leaving them with huge loses. I would imagine a large percentage of the drop in Creaf is do to concerns that they will report similiar problems.

The Question: Does Creaf use currency contracts? And to what extent will it affect their bottom line?
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