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


To: Dennis G. who wrote (6835)12/9/1997 11:12:00 AM
From: DRRISK  Read Replies (1) | Respond to of 13925
 
Gang,
The action in Creaf indicates that the short term sell off is over the baseing at 20-21 IMHO is promising. I for one would rather have low interest rates and a weak asia then a boomer economy that requires higher rates look at asia as the lesser of two evils. I think as others that these problems in asia actually help Creaf not hurt net net.
DrRisk 20k long looking forward to 11th



To: Dennis G. who wrote (6835)12/9/1997 11:22:00 AM
From: Hitch  Read Replies (2) | Respond to of 13925
 
FWIW- I received a copy of an email today from a friend that had written Rick Myllenbeck concerning Sim's earlier estimates on CREAF's rev. growth. The original email to Mr. Myllenbeck addressed the issues of how Creative's products were selling on a worlwide basis and the issue of "if sales were on target" and if any reduction in sales prices were being made up for by reduce production costs. The response from Mr. Myllenbeck was " Sim has been candid about the company's performance all along. A historical review suggests that, in the past, if there were a need to make a statement, we did."

This statement can be read many ways I know, but might this suggest that Sim's earlier statement concerning revenue and margins is still on target?

Best Wishes

Hitch