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Technology Stocks : Creative Labs (CREAF)

CREAF 0.448

-4.6%

Dec 17 12:59 PM EST

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To: Flint who wrote (11833)	7/12/1998 5:51:00 PM
From: sdr	Read Replies (1) of 13925

Flint, Defining todays markets with 60's thinking is unrealistic - they thought the DOW at 1000 was incredible - a terrific income was $25,000 per year - long term bonds were around 3% - utilities were considered a good investment for growth - a great house was $20,000 - as to defining Value or Growth every market writer adds their own nuance to the definition - there is no hard definition for either - but look at the long term (5 to 10 years)performance of Value and Growth mutual fund managers they look a like - each style will perform better than the other in certain market cycles - just like the performance of large cap vs mid cap vs small cap - they all have their day - G

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