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Technology Stocks : Creative Labs (CREAF)
CREAF 0.448-12.1%Dec 17 12:59 PM EST

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To: taxikid who wrote (4622)10/22/1997 1:10:00 PM
From: Dennis G.  Read Replies (1) of 13925
 
I agree that being a Singapore stock has hurt their valuation and have mentioned that before. But I believe this is a good example of stupidity. This company is as well run as any US company and, in fact, is closer to their manufacturers than many US tech companies who also build their products in the same region. Yet they are punished for not having a US headquarters.

As for this unknown Intel or other "vaporware" product that's supposed to do CREAF in, where is it? How soon will it get to the market? What is it going to sell for? How much of their market are they supposed to get? If you can't answer these questions, I'd say it's kind of stupid to worry about them enough not to invest in CREAF right now, which is quite plainly making bushels of money as we speak. You can always sell the stock later if this ambiguous threat materializes.

But these kind of things don't magically appear overnight. They take time to get developed and get to market. And no one's ever explained to me why Intel would bother going after puny CREAF anyway when they have much bigger problems in their microprocessor area with DEC and AMD.

You can always imagine a threat to anybody's business. But it's stupid to let that worry cause you to discount a good, money-making company like CREAF, as we saw the last four days.

Dennis
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