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Technology Stocks : Creative Labs (CREAF)
CREAF 0.370-21.3%Oct 31 1:10 PM EST

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To: Justin Pressley who wrote (13819)8/5/1999 6:52:00 PM
From: James Tarifa  Read Replies (1) of 13925
 
The 50 cent dividend has kept this stock above $10 and hence at a 5 percent yield. Other than that this stock is garbage IMHO. If it was based in the US it would have been bought by somebody, but since it's based in Singapore no one wants to touch it despite a few remaining positives including a recognized brand name which are fast eroding.
Internet strategy will save this dog? I don't think so. After all MP3 player didn't save Diamond but since it was based in the US, S3 picked it up for change. No such luck for CREAF shareholders because this company is the PRIDE of an entire country of Singapore and who wants to sell it's pride, ha?! Sad isn't it?
Where would long suffering shareholders go from here? Either be happy with the 5% yield or move your money elsewhere for some excitement as this old three legged dog will live a miserable existence limping forward since it has nowhere else to go to. Sad, real sad!

JT
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