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Old 08-21-2005, 02:50 AM
r3vbr r3vbr is offline
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Join Date: Sep 2004
Posts: 75
Default Thoughts on Creative (CREAF)

I bought this share at 9$ and now it's trading at 7.2$
It's trading below bookvalue, has over 3$/share in cash, had some setbacks this last year because of under-expectation sales of Zen music player, wich caused inventory buildup and depreciation of assets.

The company's management predicts that until Q4 ends they will regain profitability.

They also launched a new Soundblaster wich was very well accepted by the market (see tomshardware.com)

Also, although I dont have knowlege on technical analisys, I think this is a good time to buy some more shares while looking at the chart.

What do you guys think?
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