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

To: grogger who wrote (6924)	12/10/1997 11:56:00 PM
From: CJay	Read Replies (1) \| Respond to of 13925

Rob: Common sense says you are right---the reason the stock dropped from 29 to below 20 was because fears the ASian crisis would hurt earnings-- So Sim saying it should not matter, it is already factored into the price---and yet, they will sell it again on this news-- here , we sell on the rumor AND on the news, too---and really, what he said was actually good; even with this problem CREAF will still meet analysts estimates, it just wont crush them---which is better than most stocks like ORACLE --- but nothing seems to matter ---they just love to crush this thing. CJAY

To: grogger who wrote (6924)	12/11/1997 12:12:00 AM
From: BZOOKA	Read Replies (2) \| Respond to of 13925

Rob.market already knew about the problems in Asia what they wanted to know was that if they are going to make the estimates,they found out that not only this Q but for the 1998 year Creaf likely to make it so it seems its good that they can assure even for the year so thats why the market is confused where to go,should it go down when Creaf is gonna earn approx $2.50 this year or go up when sales are hurting and growth going down,its catch 22 setuation. With all the recent announcements and buy outs Creaf has done seems the revenue will be higher with Cambridge and Ensoniq under their belt and the lower growth estimates of 10% based on their own product sales with margins intact around 30% or better,earnings should be better but SIM IS VERY CONSERVATIVE and by doing that he is not helping at all. What is obvious there won't be a rally in the price,it might play around 19-22 for a while untill earnings and then rally if earnings good. For stock holders this thing will be much higher next year but for OPTION holders such as me IT SUCKS. We got to take it as it comes maybe something good will come out who knows,some good announcement could save the day!!

To: grogger who wrote (6924)	12/11/1997 12:14:00 AM
From: Derrick Lim Kok Fang	Read Replies (5) \| Respond to of 13925

To all, I just came back from the AGM. Talk to Sim myself. He is a nice fellow, a person with a great vision for Creative. He see Creative as having the potential to be the third pillar (mutimedia) in the Pc market. Other two pillars are Intel (Hardware) and Microsoft (Software). Creative is now on the path of establishing itself as a defacto standard for a complete PC multimedia solution with its sound and video solution. He see the eventual convegence of PC and TV with Creative leading the pack in establishing the standard. Currently, there are simply too much junks on the PC market. Everybody are touting their wares and microsoft is only capable of establishing some standard at the software front while Creative has the means of pushing the multimedia standard. That is the reason why Creative is able to put out DVD at that bargain price. The supplier also wants Creative to win by pushing out DVD fast enough to clear up the current technological confusion. It is a win-win situation to all. The recent acquisitions will not be position to dilute Creative brand. It is to strengthen the strategic defence of the company by being able to offer a complete sound solution ranging from the low end to the high end. Opti and Ensoniq will retain their own brand name products. He sees the ultimate competitor as Intel, not the other junkies company like Venture, Aztech etc. He did said that the Asean crisis will affect only the revenue aspect but the earning forecast for this quarter will be met. He said that Europe is the other important growth area. I did ask him about the two "wowing" announcements. He said that it was the PR department mistake is hyping up the news and that Creative actually was still in the mist of tieing up the announcement. We can expect to hear another acquistion on the way. The Ensoniq must be the first one. Another thing. Creative will be the only one to retain the exclusive right to use 3Dfx Voodoo 2 trademark on its coming 3D product. This is sure going to generate a lot of hype among the gamers. The share split is still pending but he won't want to split it below the single digit level as it will be labelled as a junkie stocks. I am right now even more upbeat about Creative with such a visionary CEO around. He had a clear grasp about the technology evolution, the ever increasing challenge from the competitors and most importantly, he has the clear vision of how to market and sell Creative products. 98 will be a good year, with DVD selling like hot cakes and the recently launched Blaster Extreme in short supply. The Voodoo 2 and Cambridge speakers will also be another hit products. Now I am even more long in Creative. This is the time now to pick up more cheap shares. Derrick