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Technology Stocks : Creative Labs (CREAF)
CREAF 0.370-21.3%Oct 31 1:10 PM EST

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To: Gopher Broke who wrote (13434)1/29/1999 6:11:00 PM
From: Dennis G.  Read Replies (1) of 13925
 
Well no one can say that they didn't grow revenue. All the new wave types say it's more important to grow revenue than to keep margins up. We'll see if they are a bunch of hypocrites because that's exactly what CREAF did. They even mentioned some internet business.

As for the buy back, they were about a million short of what I was expecting, but their average price was right where I thought. They now have another 6 week window before their next absurdly long quiet period in which to buy about another 2 million. A couple million per quarter is about what they are allowed to do.

Hard to say what the stock will do until the CC is analyzed. Could be that it gets a relief rally since there seemed to be so much negativity out there. But then again, this is an Alice-in-Wonderland stock.

BTW, dividend's payable Tuesday.

Dennis
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