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


To: mr.mark who wrote (11912)8/1/1998 8:04:00 PM
From: Stephen Nelson  Read Replies (1) | Respond to of 13925
 
I am also waiting for this sleeping (dog or giant) to awaken. I have been in Creaf since $24. I have most of my clients in from an ave price of $18 to $24.50. Needless to say, I look like a heel.

However, I have hesitated in averaging down (one because I don't like too, and two because I'm curious if I missed something in my analysis). Basic fundamentals say that the overall market to allow
Creaf to drop this low - but the market is always right!

Why haven't Creaf's sales increased dramatically? If CREAF and DMID are the two supposed market leaders in this arena, why do both of their stock prices suck? I am beginning to think that it is because they are simply the best damned buggy whip manufacturers in the world. In other words, the tech world spun past them sometime during the past year. Can the average computer user now find all the individual traits that CREAF offers on a standard board or chip?

Please note: I am long CREAF and am not "bashing" them. I am also not a techie so I don't understand alot of what all these gizmos offer. I'm only looking for answers as to why specifically CREAF's stock price is down so much so quickly.

Steve