Creative Labs (CREAF) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Creative Labs (CREAF)

CREAF 0.448

-12.1%

Dec 17 12:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Savoirman who wrote (12453)	10/16/1998 9:55:00 AM
From: Dennis G.	Read Replies (1) of 13925

Saviorman, thanks for the info. This is even more signs of what I suspect is the biggest reason that CREAF has become desperate to buy back shares, and that is employee moral and retention. I don't have any direct evidence, but I believe that CREAF has lost a good number of people who were fed up with the lousy stock price. I imagine that options in this stock had no value as an incentive to work there. If you go to CREAF's web site and click on the jobs section, you will see that they have a significant number of jobs available in the US. And this is at a time when many tech companies are shrinking. And remember that SEI accepted CREAF stock at a "fair" value of 22 for their buyout. I imagine they are particularly unhappy with the present share price. If this is the prime motivation, then CREAF will likely be very aggressive in their buy back program, which I think they should be. It's more important to get the surplus shares off the market then to piddle around trying to get the lowest price for them. Dennis

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next