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


To: money man who wrote (12978)12/3/1998 3:08:00 AM
From: Gambit  Respond to of 13925
 
Money Man...?
Calm down, I didn't say CREAF had NO new product just a simple comment that I'd like to SEE what he(sim) is going ON and ON about... You don't need to get all bent about it. Hell, I didn't say that much about it???

But maybe I do KNOW what ALL 400+ engineers are working on...: )
maybe I just don't want to say now...
maybe I'm joking...
maybe not... : P

Adam-



To: money man who wrote (12978)12/3/1998 7:59:00 AM
From: Savoirman  Respond to of 13925
 
>what all those 400+ engineers are working on?

Well, we know for sure they have things like the MP3 player, and USB speakers, all ready to be mass marketed if there was demand, and they're working on things on Firewire and he was in the papers in Singapore talking about playing in the living room space (this was in the Wednesday pullout in the Straits Times, so I cannot find a link). I doubt Sim would say something like that unless they have been working on it for a long time. And I would be surprised if the people at Silicon Engineering weren't working on all sorts of stuff.

This is a BIG company, compared to all the other multimedia guys, three or four times the size of Diamond or something. It's a big advantage that the business is very cash generative, and he's got cash cows to milk while new businesses grow.

$3 billion market cap is not impossible. Just needs to double the current price. That's a PE of 17-18x, still way below the Nasdaq average of 25-30x.