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

To: Jon Tara who wrote (6417)	12/4/1997 10:32:00 AM
From: BZOOKA	Respond to of 13925

Another freeking Broker in Singapore downgraded Creaf to Sell, ING Barings Securities lowered Creative's earnings from 2.418 to 2.384 and cut it to sell from buy due to slower rvenue growth from Asia stemming from the recent currency crisis. Also Bernard Tan with ML who reduced earnings estimates earlier but still maintains buy rating said"The impact of slower sales in Asia is not as great as what the stock price reaction suggests. Look at ING what a BS he reduces estimates by 0.034 and reduces rating to sell,the guy is crazy. If Creative does not respond this thing wont go anywhere.