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

To: prakash who wrote (9773)	2/15/1998 8:14:00 PM
From: Savoirman	Read Replies (1) \| Respond to of 13925

Gang, report on GSCO in Singapore's Business Times (source AFX-Asia)here's a summary (can't find link). A close reading shows the writer doesn't know much, so anybody with a clearer picture HELP FILL THE VOID! GSCO reitereated its aggressive buy on Creaf due to patents on PCI audio which reinforces its market position. Analyst Lucas Ward said the PCI technology was likely to be Creaf's best audio offering in five years. Also, he said the concerns that Creaf's technology creation may be challeged by Microsoft or Intel was a misconception. Creaf is also doing extremely well across its product line and he was expeting the bulk of benefit from its product cycles in the second half. The GSCO estimate for 1999 (sic) was lowered in December after the company "warned" of extraordinary items, now at US$3.00. Price target (time horizon not mentioned) is US$28. Now the questions: US$28??? That's not a doubling from the lowest point(to be conservative). All the rest is known by this thread.