Creative Labs (CREAF) Message Board

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Technology Stocks : Creative Labs (CREAF)

CREAF 0.470

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Jan 9 9:30 AM EST

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To: Dennis G. who wrote (4346)	10/20/1997 8:11:00 PM
From: Alan Chan	of 13925

<I would be happy to see a 5 million share buyback. But then there's till that stupid SES rule.> Some of the big companies (Singapore Airlines and Singapore Telecom) are pushing for a share buyback provision. The SES is evaluating the proposal at the moment. As in any bureaucracy, this will take time (3-6 months). Those who have stayed with CREAF through the up and downs have generally reap the benefits since the company still has much to offer to investors. The recent sell-down could very well be investors from Asia who are trying to raise cash (Asia stocks are having a mini-crash of its own! Some of stocks here, especially property and banking stocks, have tumbled more than they did in OCT 1987.) Looking at the positive side, this present run-down presents good opportunity for one to accumulate CREAF shares. Regards.

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