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

To: greenspirit who wrote (11197)	5/7/1998 11:53:00 PM
From: David Wise	Read Replies (1) \| Respond to of 13925

This is old "news", so shouldn't be reason for any move. CREAF went down to 16 1/2 last quarter after earnings announcement, then back up to 24 - 25 range. I bought at each full dollar drop and sold at 20 1/2 (too early). I'm buying the same this time, but holding longer. With a P/E of 10, much cash, Sound Blaster and other number 1 products, it will take years for anyone to overcome the top brand recognition, if ever. Further, their DVD line will storm the market and greatly boost sales the rest of 98 and 99. High margin players will dominate and provide high eps. (IMCEO) = "In My Cocky, Egotistical Opinion".