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


To: virgil vancleave who wrote (6242)12/2/1997 9:39:00 PM
From: Douglas V. Fant  Respond to of 13925
 
virgil,

We are about seven weeks past mid-October, the main period of earnings releases, and closing in on mid-January, which will be release time for earnings again... CREAF is listed as "oversold" by Market Edge, the technical service that I use, and still is in an accumulative phase, although the up/down indicator slipped a bit from 1.2 "up" to 1.0 "up".........

Question for those in the know- how much of CREAF's components are manufactured directly by CREAF; how much by third parties; and the $64 dollar question- are these manufacturers located in Asian countries where currencies have been devalued.

I do not want to make a rash statement that the Asian crisis will actually benefit CREAF, but I have the feeling that any lost sales in Asia may at least be partially offset by lower costs for Asian-manufactured components. I have found this "offset effect" to be at least partially true for ECM's who have operations based in Asia....

Sincerely,

Doug F.