Creative Labs (CREAF) Message Board

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Technology Stocks : Creative Labs (CREAF)

CREAF 0.448

-4.6%

Dec 17 12:59 PM EST

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To: Jon Tara who wrote (6362)	12/3/1997 6:56:00 PM
From: Dennis G.	of 13925

I don't know much at all about Cambridge. But even if one assumes it was a good buy, it's such a small deal that I don't see how it could have much effect either way. They need to do something relatively big, like say $250M. But I don't know of any company I'd like to see them buy. Seems like everyone else in the multimedia group is more expensive than CREAF is. Do you have any suggestions? It seems like this week some unnamed institution(s) decided to unload their large position at just about any price. I don't know why but they did. And when that much supply appears all at once, the price crumbles. If CREAF just had the ability to buy their own shares on the market, they could absorb some of that excess supply and then sell it when the market is better. They don't have to hang on to it forever. But I guess I'll just have to stop thinking about it because it won't happen. And I can thank those wonderful beaurecrats in Singapore for that. Dennis P.S. Bill Gates, if you're reading this, how about giving me 1 MSFT for 5 CREAF shares? It's a great deal! Won't last long.

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