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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: Douglas V. Fant who wrote (5629)	11/13/1997 4:06:00 AM
From: Hitch	Read Replies (1) of 13925

Douglas, you mentioned the possibility of Creative taking out 3Dlabs---I doubt this is in the works, CREAF holds an approx. 12% position in TDDDF which is down from earlier levels. They have been selling their position in 3Dlabs at a nice profit so I doubt they would reverse course at this time and resume the purchase of shares, of course anything is possible. Concerning Chay and NG selling--- I would be surprised if either of these men have slowed their selling, in fact I have a feeling that one or both were active the past 2 days (I will try to verify this and get back to you). I think the accumulation reading that you are getting may be coming from increased interest by the fund managers leading up to the Q2 earnings announcement and increased reatail investor interest. There was an analyst last quarter (I believe from Grenfell) that was encouraging clients to accumulate Creative in Q2 as a trading buy due to the expected superior earnings prospects for this quarter. Good Luck with your investments Hitch

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