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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 (11186)5/5/1998 9:20:00 PM
From: swoboda4  Read Replies (1) of 13925
 
Another downgrade:

Indosuez W.I. Carr has downgraded multimedia company CREATIVE
TECH LTD. to a sell from a hold. "Its 3Q profit of US$45.2 million
was slightly below our forecast of $47.7 million," James Heal,
Indosuez W.I. Carr analyst said in his weekly note, made available
to Reuters on Tuesday. He said Creative was no longer on a growth
path and its short-term performance would be impacted by a
slowdown in the personal computer market. (Reuters 04:31 AM ET
05/05/98)
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