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Technology Stocks : Creative Labs (CREAF)
CREAF 0.4480.0%Dec 18 4:00 PM EST

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To: Douglas V. Fant who wrote (6608)12/6/1997 11:57:00 AM
From: Brian Lempel  Read Replies (1) of 13925
 
Doug, looks like you beat me to posting it! Totally agree with you. Over the next several months, CREAF will fly due to OEM partnership announcements.

Also, just wanted to add that I have read the breakdown to be 80% retail, 20% OEM.

The other thing that really struck me was the increase in Accounts recievable over last year. That was in addition to a reduction in inventory by around 60%. This was mainly due to a decrease in raw materials. I think that is because CREAF now makes a lot of their own to cut costs.

Have you had a chance to read the proxy? I must admit I don't truly understand number 5, so maybe someone could explain it to me! :o)

Brian
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