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Technology Stocks : Creative Labs (CREAF)
CREAF 0.4400.0%Dec 11 9:30 AM EST

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To: taxikid who wrote (8247)1/14/1998 9:07:00 PM
From: Dennis G.  Read Replies (4) of 13925
 
Anyone here notice that while CREAF has been trashed 20% this year, DIMD is up 44%? Is there a direct correlation here? Does "the Street" believe that DIMD is taking business from CREAF? Are they even direct competitors? Or is this just an example of Yankee prejudice in light of this Asian concern?

Anyone think it might be a good time to short DIMD now? They're now selling at 26 times 99 expected earnings. Course they've lost a bundle this year. I don't understand what's going on but I bet the same dudes who trashed CREAF have been running up DIMD. Bet the pendulum is going to swing back pretty soon.

Dennis
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