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

To: Richard Haugland who wrote (11970)	8/7/1998 2:47:00 AM
From: Richard Haugland	Read Replies (1) \| Respond to of 13925

Creative cuts profit growth forecast ''Its results were weaker than expected for 4Q and full year 1998, but what is important is that the guidance has been cut,'' an analyst with a European investment house said. He said that in the past quarter, prices of Creative's products had come down more than expected and this could be the trend going forward. ''I'm calling for a weak sell because it will underperform,'' he said. Other analysts called for no action on the stock as it had taken quite a beating after Friday's results. biz.yahoo.com Creative falls 6.5 pct on weak results biz.yahoo.com Actually CREAF down 8% on SES at this hour infront.com.sg