Creative Labs (CREAF) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Creative Labs (CREAF)

CREAF 0.370

-21.3%

Oct 31 1:10 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: LR who wrote (9422)	2/6/1998 3:33:00 PM
From: Savoirman	Read Replies (1) of 13925

Singapore dollar has strengthened from 1.79 a few weeks back to about 1.65 now. So even if Creaf doesn't move on Nasdaq, it's appreciated almost 5% on forex alone (assuming the need to maintain parity with SES). S$ looks even stronger going forward, with practically all Asian markets recovering nicely. The real importance of the strengthening of the Asian currencies, of course, goes much further than that. If currencies strengthen and stabilize, the recovery could be speeded up. Korea (one of Creaf's largest Asian markets) is doing nicely, and Japan (the other big Asian market) looks very pressured to stimulate the economy. And remember, Creaf tightened credit policies in Asia to reduce bad debts (I think they had like none to speak of in the last quarter). Credit policies could be relaxed a little if currencies in the region get better, and thus Creaf can sell more.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next