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

To: mr.mark who wrote (10765)	4/7/1998 11:14:00 AM
From: J Brannon	Respond to of 13925

From MS Investor web site 03/08/98 RTR Creative up, unaffected by Compaq Creative up, unaffected by Compaq March 8, 1998 10:30 PM SINGAPORE, March 9 (Reuters) - Multimedia firm Creative Technology CREAF led the gainers Monday morning, unscathed by Compaq Computer Corp's CPQ warnings of weaker first quarter earnings, dealers and analysts said. At 0300 GMT, Creative shares were up Singapore $1.50 at S$36.50 on 27,650 shares. Late Friday, Compaq, the world's biggest personal computer (PC) maker, said weak demand and plunging prices would cause its first quarter earnings to be below Wall Street's expectations. Compaq's profit warning, hot on the heels of Intel Corp's INTC on Wednesday, jolted high-tech stocks on Wall Street. "A large bulk of Creative's earnings do not rely on new PCs. The group is doing well in all of its four major categories," said Russell Tan, research analyst at DBS Securities. Tan said Creative's new 3D Blaster Voodoo 2 graphic cards, speakers, soundcards and Digital Video Disks (DVD) have all been well-received and getting good reviews from the industry.