Creative Labs (CREAF) Message Board

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Technology Stocks : Creative Labs (CREAF)

CREAF 0.470

+4.9%

Jan 12 9:43 AM EST

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To: Brian Lempel who wrote (12681)	11/8/1998 7:35:00 PM
From: Fred Fahmy	Read Replies (2) of 13925

Brian, Perhaps they had to make these intentions public before beginning the buy back. It would seem unethical to buy a bunch of shares and then issue news which is likely (but you never know with this stock) to produce a pop. I'm generally not a fan of dividends for technology companies, especially small caps. Seems like a waste of resources. I hope there willingness to throw away money like this means they are fully prepared to aggressively buy back shares as soon they get final government approval. <However, you have to figure that managing their stock price increases their ability to do this.> I agree, but I think a strong buy back is a much better way to manage the stocks price. Every share they take off the market is gone. I will be extremely disappointed if they don't buy back the full 10% they are allowed each year now that they are signaling that they are willing to squander cash like this. I am not convinced that this is in the best long term interest of long term CREAF investors. FF

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