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: Savoirman who wrote (12495)	10/28/1998 12:45:00 PM
From: Flint	Read Replies (1) of 13925

quite a clear ride to over US$15 through Jan 99 ... sorry I din reply on the 3dfx stake (ur question before). I guess its a prelude to a bigger stake ... but nothing firmed. Also, Creative hinted at Banshee doing pretty well... (they ran short of banshee chips) so 3dfx could have a blowout Dec qtr as well. Anyway, 3dfx is cheap given net cash of US$6 I think per share. So Creative wins any which way ... unless they hang on too long and the company implodes... fingers crossed As for market reaction... seems like they are pricing in the buyback ... but probably not enuff. The amount they wanna do is 9days trading on nasdaq ? 10% reduces free float by 1/6th - 1/7th I think... And then there's that next 10%... oh well... us$15/- looks easy. Anyone believes this can shoot past US$20 by mid-99 ?

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