Creative Labs (CREAF) Message Board

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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: Hitch who wrote (5317)	11/3/1997 8:44:00 PM
From: Richard Haugland	Read Replies (2) of 13925

Insider selling: one way to look at it is that they are getting settlements in $US and if they are using the money for new investments in Singapore $ they continue to make an extra bundle even if the price does not change. This has been going on for over a year now and overall they have sold millions of shares. That the market has been able to absorb these and the price of the stock has continued to expand is a testament to CREAF's fundamental strength, even though it still has a relatively low P/E. I agree that when they are out of shares CREAF may become more highly valued yet. Sure wish I had had cash and equal confidence when CREAF hit 21 last week, however. It was SCAREY!!!

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