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Technology Stocks : Creative Labs (CREAF)
CREAF 0.4700.0%Jan 23 9:30 AM EST

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To: MONACO who wrote (4086)10/8/1997 6:51:00 AM
From: Fred Fahmy   of 13925
 
MONACO,

First, Singapore close of 39.8 equals 25.542 US$. See link below for daily exchange rate info.

cnnfn.com

<Does the US market follow Singapore or is this just insignificant information?>

In general SES follows the NASDAQ and not the other way around. However, when the stock is going up and the SES closes significantly higher than the previous NASDAQ, it usually opens up a little the next day in the US (provided there isn't overriding market news when the markets open). I suspect that we might see a very small bump (1/16 or 1/8) in this morning but actually it is relatively meaningless. Hope this helps.

Patiently waiting for 30's (i.e. fair value),

FF
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