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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: mr.mark who wrote (13669)	4/16/1999 2:47:00 PM
From: Alan Villalon	of 13925

It has to be related to MP3 NOMAD. DIMD, a CREAF competitor, thrived for a little bit on the MP3 craze (however, they were the first to the market). DIMD is the largest and I think sole competitor in MP3 right now so there's nothing but market share to be stolen. CREAF has a good track record with audio peripherials. I suspect that the convention went well for them. Several months ago, I read that DIMD was selling 10,000 Rio's a week. At a retail price of $300, that's close to $3Mil in revenues ($36 million for the quarter). For the quarter ending 12/31, revenues were $428Mil. An influx of MP3 revenue would add 8% to this number ($36/$428). That looks pretty good considering that quarter is the busiest time of the year for them. Hope this hype holds up!

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