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


To: Howard who wrote (9286)2/3/1998 12:57:00 AM
From: Douglas V. Fant  Read Replies (2) | Respond to of 13925
 
Howard, I've been in CREAF for about nine months now. I intend to hold this one long term, and "get my jollies' by buying and selling options. Indeed I've been studying of all things, retailers earnings since retailers import into the US/European/Latin American markets products from Asia. I noticed that Tommy Hilfiger had an excellent quarter as released today. Now I need to review their data and see how much of a boost Hilfiger got to their earnings from the cheaper currencies in Asia where their clothing is manufactured.

I am looking for parallels with CREAF's situation in the electronics arena....While CREAF's total dollar volume of business may slow a bit due to Asia, my guess is that profit margins due to the devaluations in countries where CREAF's ECM's are located, will help sustain CREAF's margins....

Sincerely,

Doug F.