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Technology Stocks : Creative Labs (CREAF)
CREAF 0.510+24.0%Dec 16 11:09 AM EST
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To: DD™ who wrote (7257)12/15/1997 2:28:00 PM
From: CJay  Read Replies (2) of 13925
 
DD:
You know you have to love Sim. At the shareholders meeting,
he stated that the WOWING announcements were the PR departments fault, like he had nothing to do with it.
Then he told Derrick at the meeting that he did not care about shortterm, momentum investors. just to
prove thathe meant it , he went out of his way to say that South Korea, Brazil and Japan are big markets and effect revenues and
because of the problems there he will make the low end of revenue estimates---instead of
just saying WE WILL MAKE ESTIMATES. All this , of course, probably drove
the stock price down at least 5 points even without the ASIAN thing. So he does indeed hate shortterm investors.
NEWS FLASH, SIM BABY-- please define the difference between shortterm and long term--its all semantics---
the corporate fiduciary duty does not distinguish between shortterm an longterm shareholders, You will get yourself
sued if you keep it up.

CJAY
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