SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Creative Labs (CREAF) -- Ignore unavailable to you. Want to Upgrade?


To: grogger who wrote (9048)1/27/1998 12:08:00 AM
From: eugene salazar  Read Replies (1) | Respond to of 13925
 
rob

straight from the ml report...

*We expect Q3, FY98 EPS to fall slightly and growth to resume in Q4, FY98 and Q1, FY99"

sound bullish to predict growth in this kind of environment. did ml lower their rating??? where did you see this???

eugene



To: grogger who wrote (9048)1/28/1998 3:46:00 AM
From: Ben Beale  Read Replies (2) | Respond to of 13925
 
Rob,

Absolutely agree. Sales for the second quarter of fiscal 1998 were $395.0 million (US), up from $386.0 million (US) for the same quarter last year. Sales for the first six months of fiscal 1998 were $682.8 million, up from $670.1 million for the same period last year.... Creative's fiscal year is half over and its doing fine.

Before the one-time write-offs related to recent acquisitions net income for the quarter was $75.0 million, up from US$56.9 million for the same quarter last year -- an increase of 32 percent.

If the PE gets much lower, they'll be paying us to buy this stock....

r/s
Ben