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


To: burn2learn who wrote (11997)8/10/1998 12:31:00 PM
From: Richard Haugland  Read Replies (1) | Respond to of 13925
 
CREAF Upgraded!!!

cbs.marketwatch.com

Creative Technology upgraded

Multimedia tools manufacturer
Creative Technology Ltd. (CREAF)
rose after BancAmerica Robertson
Stephens analyst John Rossi raised his
rating to "buy" from "long-term
attractive." Rossi cited the company's
low price, a series of new products
and potential Christmas season sales.
Although the company missed
fourth-quarter estimates due to
weakness in Asia and pricing pressure,
Rossi believes Creative can exceed its
lowered guidance for fiscal 1999.
Shares edged up 5/8 to 11 1/16.