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Technology Stocks : Creative Labs (CREAF)

CREAF 0.470

0.0%

Dec 5 9:30 AM EST

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To: grogger who wrote (9048)	1/28/1998 3:46:00 AM
From: Ben Beale	Read Replies (2) of 13925

Rob, Absolutely agree. Sales for the second quarter of fiscal 1998 were $395.0 million (US), up from $386.0 million (US) for the same quarter last year. Sales for the first six months of fiscal 1998 were $682.8 million, up from $670.1 million for the same period last year.... Creative's fiscal year is half over and its doing fine. Before the one-time write-offs related to recent acquisitions net income for the quarter was $75.0 million, up from US$56.9 million for the same quarter last year -- an increase of 32 percent. If the PE gets much lower, they'll be paying us to buy this stock.... r/s Ben

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