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Technology Stocks : Creative Labs (CREAF)
CREAF 0.4700.0%Jan 16 9:30 AM EST

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To: grogger who wrote (6924)12/11/1997 12:12:00 AM
From: BZOOKA  Read Replies (2) of 13925
 
Rob.market already knew about the problems in Asia what they wanted to know was that if they are going to make the estimates,they found out that not only this Q but for the 1998 year Creaf likely to make it so it seems its good that they can assure even for the year so thats why the market is confused where to go,should it go down when Creaf is gonna earn approx $2.50 this year or go up when sales are hurting and growth going down,its catch 22 setuation.
With all the recent announcements and buy outs Creaf has done seems the revenue will be higher with Cambridge and Ensoniq under their belt and the lower growth estimates of 10% based on their own product sales with margins intact around 30% or better,earnings should be better but SIM IS VERY CONSERVATIVE and by doing that he is not helping at all.
What is obvious there won't be a rally in the price,it might play around
19-22 for a while untill earnings and then rally if earnings good.
For stock holders this thing will be much higher next year but for OPTION holders such as me IT SUCKS.

We got to take it as it comes maybe something good will come out
who knows,some good announcement could save the day!!
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