Redwood Technimentals Research Group Initiates Coverage of Creative Technology LTD With a Buy Recommendation and a $22.00 Price Target

Redwood Technimentals Research Group Initiates Coverage of Creative Technology LTD With a Buy Recommendation and a $22.00 Price Target

NEW YORK, Dec. 17 /PRNewswire/ -- The Redwood Technimentals Research Group LLC, a division of Redwood Brokerage (CRD # 39416) initiates coverage of Creative Technology LTD (NASDAQ:CREAF) with a buy recommendation and $ 22.00 price target. The firm believes Creative has the ability to attain significant market share in the digital music player category, beginning with the 2004 holiday season and generate substantial cash flows.

(Logo: http://www.newscom.com/cgi-bin/prnh/20040616/REDWOODLOGO )

NOTE TO EDITORS: To receive the in-depth research report from Redwood Technimentals, please contact Joseph Phillips, CFA at 1-212-742-7806 or Joseph Fitzgerald at 1-212-269-5030.

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Source: The Redwood Technimentals Research Group LLC

CONTACT: Michael Randazzo, Director of Media Relations at Redwood
Brokerage, +1-646-206-4647

Web site: http://www.redtechresearch.com/


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