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Technology Stocks : Creative Labs (CREAF)
CREAF 0.448-4.6%Dec 17 12:59 PM EST
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To: Rutgers who wrote (4513)10/21/1997 10:04:00 PM
From: junjun dator  Read Replies (1) of 13925
 
Everything is falling into place for this company. With a trailing 12-month EPS at $2.41 a very conservative PE of 12 translates to a stock price of $28.92. The market can now put to rest their belief that CREAF is a one-product company. With revenue and earnings growth coming from both their existing and newer product lines the Street may soon give the company a more generous PE, say 20 (= $48 share price).

CREAF and my other holding, QNTM, will surely make my day tomorrow.

Congratulations to all.
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