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Technology Stocks : Creative Labs (CREAF)

CREAF 0.448

-12.1%

Dec 17 12:59 PM EST

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To: Power ranger who wrote (11865)	7/16/1998 10:56:00 PM
From: Dennis G.	Read Replies (1) of 13925

No disrespect PR but why should the cash position of these companies have any influence on when they pass this package? Buy back authority is supposedly just one of many parts of this package which is supposed to help get Singapore out of this mess. Why would they want to delay it when they have stated publicly that they need and want it now? This is what I don't understand. What are they messing around for? What's the point of passing the reform when you don't need it anymore? Just get the damn thing done. And it's just buy back authority they are getting, like everyone else in the world already has. It's not a radical new idea. It doesn't say they have to buy any back. If the company doesn't have the cash, the market should already know that. Why should they sell them off more just because they have buy back authority and can't use it at that time? That makes no sense. And why should CREAF shareholders continue to get punished just because some other Singapore companies are cash poor? BTW, how come big shot businessman Sim seems to have no influence in Singapore? Dennis

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