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


To: John who wrote (5007)10/25/1997 12:28:00 PM
From: Will Cunningham  Respond to of 13925
 
Now that you have posted this, what value do you place on VectorVest and its analysis. It of course seems compelling.



To: John who wrote (5007)10/25/1997 4:08:00 PM
From: Rutgers  Read Replies (1) | Respond to of 13925
 
Here's another reiteration of a "BUY" Rating

From today's Singapore Business Times

Creative Technology

(Maintain Buy) ING Baring Securities, US$21.75, Oct 22

Net income for the maker of multimedia sound cards and upgrade kits surged 347 per cent to 74.2 US
cents a share and was 50 per cent above our forecast due to exceptional gains from the sale of share
investments in 3D Labs. Excluding the exceptional gains, Creative would have reported net income of
54.6 US cents (86.3 Singapore cents) a share -- 10.7 per cent above our forecast of 49.3 US cents. The
shares are trading at nine times 1998 forecast earnings based on our revised forecasts which have been
raised by 14 per cent. We reiterate our "buy" rating.