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


To: CHIP HUNTER who wrote (8950)1/25/1998 5:29:00 PM
From: Vanni Resta  Read Replies (1) | Respond to of 13925
 
Of course. No one knows when the Asian problem is going to turn around. And Creaf had just 2.3% sales growth going into this. Now, more than ever, the company is going to have to count on improving margins, which always has been a fundamental part of this story, as I pointed out in my post about a week ago, which got trashed for presenting that idea.

A 10% sales hit in Asia for the next few quarters? If someone is calling Creaf to complain about the Zacks data, perhaps they could verify that 10% number too.

Happy Investing!

Vanni