Creative Labs (CREAF) Message Board

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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: BZOOKA who wrote (5143)	10/28/1997 12:31:00 AM
From: Douglas V. Fant	Read Replies (1) of 13925

BZOOKA, I'd proffer that at it's the other way around. The Hong Kong and Singapore markets are following the US market. The US market willl open downward again tomorrow but let' see where it goes from there. In the Hong Kong market you now have stocks that have dividend yields higher than their P/E's!!! Now how long will investors let that pass? Also the dropping bond yields worldwide provide a great floor under stock prices- particularly in Asia. Look for the selling to begin subsiding in Asia soon is my guess.... Sincerely, Doug F.

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