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


To: Dennis G. who wrote (11579)6/10/1998 11:02:00 AM
From: Kulnor  Read Replies (1) | Respond to of 13925
 
$16 used to be a support lvl. Looking for a confirmation. Very tempted to buy.

P2



To: Dennis G. who wrote (11579)6/10/1998 12:25:00 PM
From: stockroach  Read Replies (1) | Respond to of 13925
 
Dennis,
I disagree with your statement. Creative had a flat - slightly up Q1
when most tech. companies missed analysts expectations.
April - July is the slowest period for the tech sector. Add to this
the problems in Asia and you get a decline in the stock price.
Creative has made several strategic acquisitions over the past 18
months. It will take a little time to get cranking on all cylinders.
DVD,SBL and other new products coming will help in the 2nd
half of the year.
stockroach