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Technology Stocks : Creative Labs (CREAF)
CREAF 0.448-4.6%Dec 17 12:59 PM EST

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To: Jon Tara who wrote (7683)1/5/1998 8:40:00 PM
From: Dennis G.  Read Replies (1) of 13925
 
Thanks for the article. I would call it a stretch to blame it for today's drop, which occurred all at once late in the day. Doesn't seem likely due to an article that probably came out before the open. Today's action just smells to me of stop losses.

I didn't think the analysts had even factored much of a bonus from DVD sales into CREAF's numbers this quarter. I know I wasn't expecting much. I would consider any DVD sales as just icing on the cake. The article only seemed to me to say that sales were not quite as rosy as the Japanese were hoping. Doesn't mean CREAF won't be making money from DVD. They still were expecting 3/4 million this year. Seems pretty good to me.

Dennis
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