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

To: RLM who wrote (6896)	12/10/1997 3:25:00 PM
From: Hitch	Read Replies (1) \| Respond to of 13925

Creaf in my opinion will continue to be punished with the rest of the tech stocks. Most investors don't seem to care that they have approx. substantially more in cash than they do debt, or that they sell the vast majority of their products in strong currency regions ie. US/Europe, or that they source the majority of their components from weak currency regions ie SE and Northern Asia. It looks as if people would rather focus on the imagined Microsoft challenge in the audio area, and the weakness in SE Asia sales. I don't feel that we will be going much lower than current levels, but I didn't think we would go below 24 when we were at 28 either. Your guess is as good as mine about where we will be short term but I am holding on and will enjoy the ride up when it takes place. Good Luck Hitch