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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: Dennis G. who wrote (13465)2/1/1999 7:56:00 PM
From: Doug Fowler  Read Replies (2) of 13925
 
Dennis:

I think people have shown their reaction by getting out of the stock.

I got out last summer when they pre-announced, because revenues were falling and because there were so many other places to put my money.

However, I have continued to pay attention to Creative, looking for signs of a real turn-around.

Creative could have easily played in the Internet space, like Real Networks, for example.

Unfortunately, they think all they can do is hardware, even though they know what a cut-throat, commodity business it is.

With this kind of mentality, this company will never hit the kind of growth or profit rates today's investors and traders are looking for.
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