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Technology Stocks : Creative Labs (CREAF)

CREAF 0.448

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Dec 18 4:00 PM EST

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To: Doug Fowler who wrote (11385)	5/21/1998 7:52:00 PM
From: BZOOKA	Read Replies (1) of 13925

Today at 14.12 Morgan Stanley fund manager talking about Asia, disclosed that he has 3% of funds invested in two holdings in Hong Kong and Singapore; HSBC Holdings PLC and CREAF. Valeiras manage a 1.7 billion international equity portfolio and a 5.5 billion asset allocation fund for Miller,Anderson & sherrerrd LIP, a unit of Morgan Stanley institutional investment management. He said the trick is choosing the right company.Valeiras looks at relative revenue to determine the strength of the company.Specifically the fund manager calculates the price-to-sale ratio of a company to see if it is a good buy. For full story check Dow Jones. Dow Jones News 05-21-98 2.12 PM

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