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


To: Brian Lempel who wrote (6479)12/4/1997 7:50:00 PM
From: Dennis G.  Respond to of 13925
 
>It is hard to see how they are downgrading '99 estimates because of Asia difficulties. Like they know what the economic climate will be there then!<

Exactly Brian. I asked the same thing to my ML broker yesterday. How the hell does anyone know what any company is going to do in '99? Answer of course is, they don't. But because their pontifications carry so much weight in the market, all the institutions have to run for the exits for fear of being left holding the bag. "Last one out is a rotten egg", you know.

Right now, I would feel ok if I knew this was just market shenanigans. I could work with that. But a fundamental change is another thing. Does anyone here really feel that CREAF's sales are going to be disappointing? I would say that's my biggest concern now.

Dennis