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

To: Curbstone who wrote (12261)	9/14/1998 5:06:00 PM
From: Richard Haugland	Read Replies (2) \| Respond to of 13925

Goldman Sachs reduces CREAF earnings estimates but keeps BUY rating (From Yahoo CREAF board) Creative started shipping of a "value" version of SB Live for US$99, about 6 weeks earlier than planned. While this should stimulate higher volumes for Christmas, asp for audio boards are likely to be lower. We have trimmed our SEP est. 20% to US$.24, and reduced DEC est. by 16% to US$.70. We remain positive on outlook heading into xmas, due to low valuation, seq earnings momentum, and likelihood of share buybacks by Jan 1999. Re-iterate BUY.