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

To: mozek who wrote (6515)	12/5/1997 1:44:00 AM
From: BZOOKA	Respond to of 13925

Mozek,the IR agreed on slower sales in Asia and Latin America but clearly stated that CO stands behind its guidance of 10-15% growth and the estimates and they have said they are comfortable with estimates.Sim is very conservative ,also what they said in their conference call was that demand for their product is better than what they had expected with strong sales in U.S and Europe which was slow before also Japan doing good they can't keep up with the demand for their DVD. So all said and done if instead of 2.65 its gonna be 2.50 so what still great and still a very low PE with current price.There are investors that don't believe in Creaf and will get out in any sign of weakness thats why we got a very volatile price movement in CREAF. As far As holding DEC calls,I agree its a lot of risk for this time looks bad.