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Technology Stocks : Creative Labs (CREAF) -- Ignore unavailable to you. Want to Upgrade?

To: Brian Lempel who wrote (4695)	10/22/1997 6:39:00 PM
From: Rutgers	Read Replies (2) \| Respond to of 13925

From tonight's Evening News: fool.com Taiwanese! It's Singapore, dammit! Taiwanese PC soundcard and multimedia technology company CREATIVE TECHNOLOGY LTD. (Nasdaq: CREAF) (N) (S) rose $5 5/8 to $26 3/8 in the wake of its Q1 earnings report of $0.55 per share, well ahead of estimates of $0.45. Best known for its Creative Labs subsidiary, the company has been the leader in sales of PC multimedia upgrade kits and soundcards with its ubiquitous line of Soundblaster products, and its stock has taken off as a result. The company's graphic boards are in demand due to shortening product cycles that put a premium on the flexibility of quick upgrades via add-ins (as opposed to graphics functionality built onto the motherboard). Only a small portion of the company's revenues actually come from graphic boards, and for those products Creative uses chips from 3DLABS INC. (Nasdaq: TDDDF) (N) (S), which was up $3 1/4 to $27 5/8 today on a number of design wins and an agreement with IBM (NYSE: IBM) (N) (S).