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


To: Brian Lempel who wrote (11549)6/11/1998 10:46:00 AM
From: Vanni Resta  Respond to of 13925
 
Brian,

You criticized my original succinct and very accurate post this thread as stupid, and as one that stated obvious points which were already posted in this thread.

In my post, I pointed out that sales growth was very slow or declining, and that this trend combined with the fact that they have no margin expansion would be a problem for earnings.

If you all read the analysis today of why they missed earnings, you will see this is exactly what happened.

My question to you: If my points were so obvious to you and already posted in the thread, why did everyone continue to support this stock, instead of predict that it would go down, like I did?

I was always surprised that you missed my original points, which all of you flamed so much, points that would have kept anyone from losing a lot of money as the stock went from $28 to $14 where it is today, for the reasons I stated months ago.

Happy Investing!

Vanni