Creative Labs (CREAF) Message Board

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Technology Stocks : Creative Labs (CREAF)

CREAF 0.470

0.0%

Dec 26 9:30 AM EST

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To: Fred Fahmy who wrote (12503)	10/23/1998 1:37:00 AM
From: Dennis G.	Read Replies (1) of 13925

I assume it's 10% per annual general meeting. Different for each company. Supposedly CREAF will have their vote in a few weeks. But I think that they could petition the SES to allow them to vote the next 10% early next year, just like their original buy back vote this year. That's why I hope they buy that first 10% as fast as possible this year. Then they'd have the second batch to support the price during the dump phases. Conceivably then they could grab 17 million shares over the next 12 months. They are not trying to manipulate the price so I don't know why the SES would not grant them that small dispensation. Dennis

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