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: Douglas V. Fant who wrote (9277)2/2/1998 3:10:00 AM
From: Howard  Read Replies (1) | Respond to of 13925
 
Well said Doug! It is just a matter of time before all the high paid analysts reverse their butchering remarks that cut down fallen angels like Creaf and recommend buying them back. Once they see the writing on the wall that Creaf may really be considered to be in an enviable position if they play their cards right. Asia still has some almost insurmountable obstacles to overcome, for which the only realistic choice is to export their way out with much cheaper, quality controlled products.

Though Vectorvest still has a sell recommendation on Creaf (after it fell through the $22 barrier), it still assesses a value of $42.60 on the stock. Vectorvest also stipulates that "sooner or later a stock's price and value always converge."

It appears that the entry of the "Year of the Tiger" brought much of Asia an energy boost. On SES Creaf had hit S$35.3 (U.S.$20.65) earlier tonight. Also, most of Asia is shooting up; Hong Kong up 15%, Singapore up 12%, Thailand and Phillippines up 10% each. Globex is also up. All indications are that Feb. 2nd should start off strong. Keep the faith in Creaf and hang on for the elevator ride up.