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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: burn2learn who wrote (13439)1/29/1999 7:51:00 PM
From: Dennis G.  Read Replies (1) of 13925
 
Sim always presents poorly and never sells his vision well, so that's no surprise. Maybe he's going to do what I fear, keep his stock depressed and buy it back slowly from fed up shareholders. What does he care what the price is? He's got his dividend.

Perhaps a large part of the recent selling pressure could be because of expectation that CREAF will lose it's TDFX connection. Maybe it's already factored in.

On the slightly positive side, CREAF should be able to turn that large accounts receivable into cash soon, if they haven't already done so. So they could in fact be near $500 million in cash. Course they have to pay out $45 million on Tuesday.

I just wish they could take advantage of the internet somehow. Everyone else is, why can't they?

Dennis
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