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Technology Stocks : Creative Labs (CREAF)
CREAF 0.4700.0%Dec 26 9:30 AM EST

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To: Douglas V. Fant who wrote (6255)12/3/1997 9:33:00 AM
From: Jon Tara  Read Replies (3) of 13925
 
Doug, CREAF's P/E of 12.79 is VERY high for a bear market. A P/E of *4* in a bear market would not be out of the question!

Not trying to spook things, just being realistic. This scares me, in that it helps prove that there really aren't many people around who really know what a bear market is like...

If we do go into a bear market, CREAF could need to TRIPLE their profits to maintain the current stock price!
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