Creative Labs (CREAF) Message Board

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Technology Stocks : Creative Labs (CREAF)

CREAF 0.370

-21.3%

Oct 31 1:10 PM EST

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To: Savoirman who wrote (9404)	2/6/1998 12:06:00 PM
From: eddie	Read Replies (1) of 13925

I don't see anything strange about Tech stocks rally in S'pore. This is a general market rally as most of the stocks here, including the Techs have been severely depressed because of sentiments. NO, I don't think this share buy-back is going to happen any time soon. Yes, most believe it's the eventual step we are going to take, but not anytime soon as you have suggested and even support it by bringing up about the property anti-speculation measure. Yes, the anti-spec was brought about in a very short time, but this is a simple step and one that the Singapore government has always been very good in - Hit them where it hurts !. But there are a lot of things to be considered in implementing this share buy-back scheme and most people here believe the authorities are seriously studying this proposal, but don't misled others into thinking that it's going to happen anytime soon just because you are one of the shareholder of Creaf and that Creative is one of those strongly lobbying for share buy-back. Yes it will happen, soon maybe...but as fast as... TOMORROW ??? A good stock needs time to build up the confidence of investors into putting them as a long term investment, and until Sim can convincingly put up good shows for more quarters, most people will probably be out for a quick buck and take advantage of it's volatility. edd.

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