Hello, All.
Been watching this thread for over a year, and finally had to ad my $.02 My hat is off to those of you who have diligently shared information and ideas on CREAF over the past months. I, like many of you, have made quite a bit of $ by trading and understanding this company and its stock.
I have to admit, though, that if I never see another "Chip" or "Yip", I will NOT be sorry.
My estimates, FWIW: Close today at 19 Open MOnday at 21 Close Monday at 23 Earnings: $0.88 Revenue: $320
I am very positive about CREAF long term, and think we will see this stock at $35 to $45 within the next 12 months. Why? DVD sales will continue to increase, they will release PCI audio technology (cards and MB chip), the best 3-D cards (TDFX VOODOO 2), inexpensive video cameras, the best PC speakers, sales in dollars vs. expenses in devalued ASIAN currency, the list is almost endless! It is only a matter of time before box makers hand over barebones boxes to Creative for full multimedia upgrades (audio and video)...remember the "Coolest PC" idea from Creative. It is not insignificant to be able to provide ALL the "media" peripherals from the same source who has sorted out all the compatibility issues and can bundle them at a great price.
Whether or not Creative beats estimates today, this company and its revenues and its stock price are headed WAY UP in the next 12-24 months. Good luck to everyone long on CREAF.
Jim |