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

To: DRRISK who wrote (8995)	1/26/1998 1:31:00 PM
From: Gameboy	Read Replies (2) \| Respond to of 13925

I mentioned perspective because I believe both you and I see the enormous potential of CREAF. Our 'guess the quarterly earnings' game reflected our optimism and vision of future earnings for CREAF. I for one didn't really expect CREAF to earn 94 cents a share - I did think that it has that potential - and still does - and didn't want to get lost in the cluster around expected earnings. Actually, I was shocked to see the other high guesses of the other wildmen on our board. It was fun, but it wasn't reflective of real expectations. The reality, though, is that even taking CREAFs actual earnings of $1.92 (operating income of $2.37 less the costs associated with CREAFs 3 acquisitions last quarter) this is only a 10 to 1 P/E ratio stock. How many companys commanding a P/E ratio of 16 or higher only wish they had CREAFs earnings and earnings potential. When you see stocks trading for around $20, do what I do, check out their last 12 months earnings per share. And laugh. This isn't the same company that lost money in fiscal 1996. CREAF has diversified and innovated and chalked up real achievements just like last quarters record setting earnings. CREAF definitely deserves some upgrades and a place in many investors portfolios. I'm not really trying to be a cheerleader, although it seems like when every other post on here runs 'Hex on you, Hex on you' we need a break. If we stand back and look at what we've got, we've got a bona fide winner. Best of luck, Steve