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


To: Justin Pressley who wrote (13532)2/9/1999 7:39:00 AM
From: Fred Fahmy  Read Replies (2) | Respond to of 13925
 
Justin,

Thanks for the news/link. Wouldn't you know it, though, they finally have a good press release and the NASDAQ futures are tanking (at least as of this writing)

see cme.com

NASDAQ set to open down about 20 if things don't change.

Re: Margins

All of these OEM deals are very thin margins. The thought being that that volume and recognition (i.e. future business) will make up for the smaller margins. I belive the ultimate goal was to be in the position to offer total mutli-media solutions to the OEM's. Something they have yet to do, although they do have the product line. This includes graphics, sound, speakers, and DVD.

At any rate, today's press release is good news. Chances are, however, WS won't even take notice.

Good luck,

FF