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

To: grogger who wrote (7630)	1/1/1998 11:55:00 PM
From: Brian Lempel	Read Replies (3) \| Respond to of 13925

Rob, it's no lie. I have the report right in front of me. CREAF is indeed the top Asian pick for '98. I also question Merril's actions in lowering estimates. Maybe they just wanted to get their clients in at a lower price! Seriously, though, it doesn't make much sense given that CREAF has consistantly beat estimates, is showing better than expected growth in the US and Europe, and new products will be introduced. What really surprises me is that there really haven't been any increases in several months in estimates to reflect the intro & ramp of 2nd gen. DVD and also their ramp of speaker products. Brian