Creative Labs (CREAF) Message Board

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Technology Stocks : Creative Labs (CREAF)

CREAF 0.470

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Nov 28 9:30 AM EST

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To: Brian Lempel who wrote (9384)	2/5/1998 6:04:00 PM
From: Dennis G.	Read Replies (1) of 13925

Hello Brian. I'm sure CREAF will be buying when they get approval. But I wouldn't assume it will happen this month. It most likely will take longer than that. As far as how much to buy, my feeling is there is at least 5 million too many US ADR's floating around. That's about 10% of the US float and 5% of the total. I think that would be more than sufficient to both improve the value and reduce the excessive volatility. The shares held outside the US I don't believe are really much of a problem right now. CREAF has more than enough cash to buy back that many. They don't have to actually buy that much. But I think they should at least make that their target. In the meantime, CREAF should just keep focusing on the bottom line. That's what companies are for anyway. As Sim himself has said, what good is revenue if it doesn't make you any money? Dennis

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