Creative Labs (CREAF) Message Board

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Technology Stocks : Creative Labs (CREAF)

CREAF 0.370

-21.3%

Oct 31 1:10 PM EST

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To: Power ranger who wrote (8872)	1/24/1998 1:06:00 PM
From: CHIP HUNTER	Read Replies (2) of 13925

PR go back and reread the report from reuters..... Sim said Asis will shave off about 10% of group revenue.... He also said Asia makes up to 20 to 30% of global sales, I don't know where you get your figures of 16%.. He also said Asia sales fell by 28% which includes the middle east, I don't know how you can say the impact will not be very great. It doesn't take a rocket scientist with the invetories building up that sales were slowing. Analysts also said coming out that they expect revenues to be flat next quarter... With that in mind i doubt there will be any upgrades!! Good luck PR

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