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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: CHIP HUNTER who wrote (5048)	10/26/1997 4:47:00 AM
From: eddie	Read Replies (3) of 13925

Chip, I am going to let you in on a little background on Creative. Sim Wong Hoo, the CEO, once upon a time went round to Japanese manufacturers talking about CDROM drives in quantity of 5000 per month and above. Yes you may wonder why only 5000 ? But back in those days, CDROm drives wasn't even a mass market merchandise and a monthly figure of 5000 per month is shocking even to those manufacturers !!! VISION is the key word on the leadership of Creative. A lot of people have expressed concerns about Creative's coming quarterly earnings. But whatever concerns you guys out there have, all of it have already crossed the mind of that VISIONARY guy, SIM. So don't clown around shorting this stock. You are making a fool of yourself !Just in case you didn't know, SIM bought back a large chunk of CREAF last FEB/MAR using his own money. And Creative in Singapore is one of the company petitioning the SES to allow companies to buy back their own shares.

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