Sales by ex-insiders are just a red herring
Sure, it is undisputed that Chay and Ng have, and continue, to sell large chunks of stock. But, how is this different than any institutional investor who decides to sell? Look at that Bozo Vinik who recently sold that HUGE block at 19.875. I hate to break it to some of you, but someday the kids at CS First Boston, ML, Montgomery, Robbie Stephens, etc. are going to decide to sell - just like most of us.
In short, I think you will always have large sellers, but just different names.
In any event, what you people should be discussing is two items from today's press releases.
First, Creative gave us a couple more hints relative to the PCI bus by describing their Futuristic Sound Chamber. Personally, I love the reference to "Environmental Audio". This will get all those pc (politically correct) on board. ;)
Second, Creative Announces New Strategic Relationships: "Stay tuned as Creative prepares to announce two new industry-wowing partnerships."
Is one of the two Cambridge? If not, then who?
Finally, Creative is displaying a unique 60-person soundproof room at the Show. I am thinking of flying out from NY, but I have heard that all of Las Vegas is already booked. Does anyone have any information regarding vacancies or recommendations of where to find a place close enough? |
