Creative Labs (CREAF) Message Board

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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: Dennis G. who wrote (13016)	12/5/1998 10:44:00 PM
From: Jeff Lins	Read Replies (2) of 13925

Regarding the buyback and managment handling it badly. I don't know their strategy, so I can't say whether or not they are doing a good job. But, I can tell you they aren't crazy about traders. Traders we know are important for liquidity, but I have a feeling those guys in Singapore don't much care for that. They want people to Invest in the company. That is one of the reasons for the dividend. So by slowing their buying down right now, perhaps they shake out some of the traders (as evidenced by an earlier post). Those who aren't willing to wait will not be as rewarded. By taking a pause, maybe they are doing the right thing in the long run. But I do hope (and expect) that they will do significant buying over the next two weeks...

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