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Technology Stocks : Creative Labs (CREAF)

CREAF 0.448

0.0%

Dec 18 4:00 PM EST

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To: AlienTech who wrote (11916)	8/2/1998 11:11:00 PM
From: Richard Haugland	Read Replies (2) of 13925

An abstract from AT's post: Since 65-70 percent of PCs are currently shipped with rival brand sound cards, there's room for Creative to grow in the OEM market. And its P/E ratio of 6 makes it look like a real bargain in today's overpriced high-tech sector. John Rossi of BancAmerica Robertson Stephens said he thinks Creative's stock price has hit its bottom for now, and a new line of sound cards to be shipped this fall will spur a recovery. "But whether or not they can make it stick depends on how well they diversify their products..They can't just be a sound card company anymore," he said.

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