Creative Labs (CREAF) Message Board

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Technology Stocks : Creative Labs (CREAF)

CREAF 0.411

+11.2%

Dec 8 12:12 PM EST

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To: Terry Jackson who wrote (8878)	1/24/1998 5:56:00 PM
From: Dennis G.	Read Replies (1) of 13925

Terry, total cost to CREAF for the 3 aquisitions is about $190 million and that now takes care of their baggage. These 3 units should be providing about $130 million in future revenue. So total cost was less than 1.5 times revenue. That's no more than they would pay for their own undervalued stock. So all in all, it looks like they got their money's worth. I think some of the recent drop was uncertainty in these extra charges. Now that its done, no need to worry about it any more. BTW anyone have any update on the possible buyback? I believe CREAF is just aching to get the OK. Couldn't happen soon enough for me. I wouldn't want to be short on that day. Dennis

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