Creative Labs (CREAF) Message Board

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Technology Stocks : Creative Labs (CREAF)

CREAF 0.470

0.0%

Dec 26 9:30 AM EST

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To: Dennis G. who wrote (5408)	11/6/1997 11:58:00 PM
From: Hitch	Read Replies (1) of 13925

Dennis, I don't like the ex-officer selling any more than you do but I sure can't fault NG for wanting to get his assets out of a company over which he no longer has any control. I have gotten some info from Singapore that CREATIVE is interested in purchasing some of its stock back but the SES has not approved this as of yet. In a report put out by Deutsche Morgan Grenfell it was indicated that a share buy back would increase per share earnings by approx. 6%. A 6% increase would be nice but I think for the long term good of the company they would be better off using the funds to diversify in moves such as the recent proposed purchase of Cambridge. Just my opinion of course. Good Luck Hitch

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