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

To: TokyoMex who wrote (6383)	12/3/1997 9:21:00 PM
From: Brian Lempel	Respond to of 13925

Here's the ML report: It's a piece of shit. I am infuriated after reading it. I have no doubt that their intention is to buy some. It was the most ignorant report I think I have ever seen. They are lowering '98 estimates to $2.50, '99 to $2.59 (2.82 is consensus). This is mainly because of projected difficulties in Asia. However, the main reason I am so mad and the reason the report is so ignorant and misinformed is the lack of new product mentions. CREAF is setting itself up to be a huge player in the PC-DVD and speaker market. I don't know for sure, but it is unlikely these are included in revenue forecasts. CREAF, believe it or not, may actually srengthen its lock on the coundcard market with new chips taking lead in the high end, and old Soundblaster 64 taking over the low end eventually. These estimates cannot be taken seriously. Brian