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

To: Douglas V. Fant who wrote (5668)	11/14/1997 1:05:00 PM
From: BZOOKA	Read Replies (1) \| Respond to of 13925

ALL: couple of great news on CREAF: Singapore,NOV.14 ( BLOOMBERG)--Creative technology Ltd.,among the stocks Lucas Ward,an analyst at Goldman Sachs&Co.,likes. In spite of Asia's currency and economic turmoil,the demand for(electronic products)is global and company will experience local costs but sales are global. Singapore,NOV.14 (BLOOMBERG)-- What a difference a year makes.This time last year,Stephen Chan was telling anyone who would listen that Singapore's Creative Technology Ltd.was a screaming buy at about S$9 even though the stock had almost doubled in three months. Investors who took his advise saw their investment rocket five times.Creative,the world's largest maker of computer sound cards,is now trading near a record S$45.20 and IS THE BEST PERFORMING STOCK on the Singapore exchange in the last yuear. Chan's fortune have also risen.He is now senior investment analyst at Kay Hian Research,whats more he is still bullish on selective electronic stocks. Chan is not alone.For many investors,electronic companies are de facto defensive stocks in a climate rocked by a regional currency turmoil.While the biggest stocks in the market have tumbled on concern about slowing economic growth and earnings,export minded electronic makers are enjoying lower costs at home as sales in U>S dollars from global markets rise in Singapore Dollar terms. What do you buy in Singapore?not property,not Banks,electronic is the main story,"said Colin Lee,a fund manager who runs his own company.He was among the investors wined and dined at a two day Goldman Sachs&Co.Asia technology conference which ends today. Inside the conference a company visit to Creative was also arranged. "People say electronics,like Creative,is volatile--Electronics is no more volatile than the Banks" said Bernard Tan,Merril's technology analyst.In August 1996,Tan was among the first to say"its time to buy value".He also favored Creative,saying its top management could turn around its ailing CD-ROM drive business and return to prifitability.

To: Douglas V. Fant who wrote (5668)	11/14/1997 1:07:00 PM
From: Jon Tara	Read Replies (1) \| Respond to of 13925

Anybody else show a strange CREAF dividend on your account statement? My broker has posted an odd dividend, rate "n/a", amount of payment "n/a" with a record date of 8/31/97 and a payable date of 12/31/97.