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Technology Stocks : Creative Labs (CREAF)
CREAF 0.470+4.9%9:43 AM EST

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To: Hitch who wrote (6994)12/11/1997 4:46:00 PM
From: Doug Fowler  Read Replies (1) of 13925
 
Unfortunately, we may have gotten a little warning that things are pretty much downhill from here for a while.

If Sim is saying this is spreading into other parts of Asia and they will be doing great to hit the low end of their target, what happens next quarter and the quarter after that?

It could be very possible to see a loss within that timeframe, and suddenly, the P/E is very high.

Kind of reminds me of the memory market, which started falling apart two years ago. I don't know if Micron will ever recover to those levels.
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