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


To: Terry Jackson who wrote (8894)1/24/1998 9:46:00 PM
From: Douglas V. Fant  Read Replies (1) | Respond to of 13925
 
Terry, What CREAF did is actually very positive going forward. They wrote off, right up front, all ongoing r&d which will not be carried out inthe merged companies.

They literally "cleared the deck" of ancillary charges- look for the three acquisitions to be accretive quickly and to help counteract any slowdown in Asia....

Sincerely,

Doug F.