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

To: Brian Lempel who wrote (8771)	1/23/1998 7:14:00 PM
From: Phil	Read Replies (1) \| Respond to of 13925

Got this off of the Yahoo CREAF messages... Some highlights: Revenues in Asia down 28%; however Europe and the Americas were up. Americas 46% vs 42.5%; Europe 39% vs. 34.2%; Asia 16.5% vs. 23.3% Gross margins increased from 28% to 32% Upside revenue potential next quarter 5% or maybe more... They are comfortable with inventory levels. Sim says things may have even gotten worse in Asia nobody really knows... Currency issues are not really benefitting nor hurting company... Acquisitions helping in OEM market and notebook market Still optimistic about DVD, but lack of software titles at present should create even more opportunity in future. Hopeful that singapore laws will change to enable them to buyback shares. going forward they will be conservative with respect to future acquisitions. Next quarter is usually a slow one and any upside potential is gone due to Asia which usually picks up the slack. company believes they are in the best shape ever with respect to its products going forward...