SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Creative Labs (CREAF) -- Ignore unavailable to you. Want to Upgrade?


To: Rutgers who wrote (4696)10/22/1997 6:52:00 PM
From: Dennis G.  Read Replies (1) | Respond to of 13925
 
Thanks WF. They forgot to mention that CREAF still owns a good fraction of TDDDF. CREAFers should be in for a few more nice one-time bonuses.

Dennis



To: Rutgers who wrote (4696)10/22/1997 8:02:00 PM
From: Alan Chan  Read Replies (1) | Respond to of 13925
 
<Tonight's Evening News: Taiwanese ...>

Trust the newscasters to get it wrong! Someone on this thread even got it as Korean. Luckily for those of us who believe that CREAF will deliver it is neither, since Taiwanese and Korean gives us the notion of poor quality and gross mismanagement, respectively. Anyway, CREAF's primary listing is in the US (It intial application to list in Singapore was turned down). It finally listed itself in Singapore many years after its listing in the US. Most, if not all its research facilities are in the US. It's manufacturing facilities are mainly located in South East Asia with some OEM products from Korea. We will continue to see good margins for a while more since the SEA currencies, including the Korean won, have depreciated considerably (12-50%) against the US$ in the last few months.

From 'newscasters' we move on to 'analysts'. Most of them are wrong again. I wonder if the Yau guy who gave the thumbs up sometime ago to the 'death' of CREAF (due to an innovative software solution to sound) ever get the boot. There will be other analysts who will tout that CREAF will die because the soundcard business is going to be dead. Time and again , Sim has proved them wrong. The sound card upgrade business may die one day (IMO, not within the next 2 years), but CREAF can and will surely diversify to other 'sunrise' areas given their strength in R&D (among the niche companies). I personlly believe that CREAF's price will eventually move up to its proper place (i.e. a PE of between 15-20).

Regards.