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


To: Fred Fahmy who wrote (12995)12/3/1998 9:31:00 PM
From: jeffrey roberts  Read Replies (1) | Respond to of 13925
 
CREAF reminds me of the time a few years back when I invested in both EMC and WDC. The stocks just never moved, at least not until long after I got out of them. WDC moved from 18 to over 50, before coming down again this year. EMC moved from 15 to now about 75. Looking at earnings for EMC, it is forecasted earn less than CREAF, yet is priced over 4 times higher. Extraordinary patience combined with continued good earnings will reap the stock price we all expect.



To: Fred Fahmy who wrote (12995)12/4/1998 12:11:00 AM
From: Dennis G.  Read Replies (1) | Respond to of 13925
 
I understand. Credibility is important. But does WDC really have a better record there than CREAF? And it's not just WDC. INTC and MU both hit 52 week highs today before backing off. Freaking MU hit 50 for cripes sake. Why are they paying so much for that crap? Why does CREAF never ever get overbought?

I can't help but feel a large part of it is pure unadulterated US institutional bigotry, which CREAF can't really do anything about. They are just not part of the old boys network. That's why, if I were Sim, I'd make every effort I could to get every share I could back from the US. CREAF sold their soul to the devil when they went public on the Nasdaq. Now the devil doesn't want it and is giving them a chance to buy it back cheap. They should grab it and run.

Dennis