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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: Brian Lempel who wrote (8864)1/25/1998 5:04:00 PM
From: Vanni Resta  Read Replies (1) of 13925
 
brian lempel wrote:

"Asian crisis is already factored into the stock price. Despite that, CREAF still beat estimates (which never chnaged since Asian thing blew up."

Just about everyone agrees the real effects of Asia won't start showing up in results until the first and second quarter of this year.

Brian also wrote: "How many times have you heard a company's CEO say that their stock is trading at a ridiculously low p/e?"

CEOs are always optimistic, so this does not mean much. How many times have you heard a CEO say that his stock has a ridiculously high p/e?

Happy Investing!

Vanni
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