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Technology Stocks : Creative Labs (CREAF)
CREAF 0.4700.0%Nov 21 9:30 AM EST
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To: Nazbuster who wrote (9727)2/13/1998 9:08:00 PM
From: Brian Lempel  Read Replies (3) of 13925
 
Well, here's the newest spin on our recent rise:

SINGAPORE - Creative Technology rose 1-3/16 to 23-3/4 in heavy trade that put its ADRs on the Nasdaq's most-active list.

Traders said the rise was caused by Creative's introduction this week of new products, two sound cards.

Doesn't seem likely to me...they will hype their SoundBlaster Live! intro. It was scheduled to ship this quarter, though, right? It just still seems strange that it would cause this big of a rise.

I don't see INTC fitting, and a share buyback is only proposed on SI, and carries no wieght on the "street." I think for now, we have to assume that traders (and GS?) are buying into CREAF because of the Voodoo II early introduction, although I realize how little sense it makes.

Has anyone given any thoughts as to the impact of the early introduction? What kind of volume are we looking at as a result of the early introduction? Is Voodoo II production going to mean a cutback on their Permedia board?

Thanks,

Brian
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