SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : CREOV;CEC.W; Creo Products Inc. -- Ignore unavailable to you. Want to Upgrade?


To: Peter Boudreau who wrote (2)8/1/1999 2:06:00 AM
From: NEIL MACK  Respond to of 6
 
Peter, Peter, Peter....did you not read the prospectus? Your friend that works for Creo could be looking for some help from those that might be coaxed into buying up this offering. I have learned that the way most employees of Creo are being paid for their overtime, is with company stock options as they prepare technology for DRUPA.

Now, gaze at these facts, copied from the Creo prospectus and refigure your EPS and then apply your P/E.....

Common shares offered by Creo.................................. 4,000,000 shares
Common shares offered by the selling shareholders........1,000,000 shares
Total............................................................................ 5,000,000 shares
Common shares to be outstanding after the offering......32,027,854 shares

Under Risk Factors.......

A total of 27,027,854, or 84.4%, of our outstanding shares are restricted from immediate resale but may be sold into our public trading market following the completion of this offering.

Under Dilution...........

Existing shareholders......... 28,027,854 - 88% at price of $ 2.82.
New investors................. 4,000,000 - 12% at price of $15.00. ---------- --- --
Total....................... 32,027,854 100% 100% - $ 4.34
========== === ============ ===

Sales of common shares in the offering by the selling shareholders will reduce the number of shares held by existing shareholders as at March 31, 1999, to 27,027,854 shares or 84.4% of the total number of common shares outstanding after the offering (26,277,854 shares or 82.0% if the underwriters' over- allotment option is exercised in full) and will increase the number of shares held by new investors to 5,000,000 shares or 15.6% of the total number of common shares outstanding after the offering (5,750,000 shares or 18.0% if the underwriters' over-allotment option is exercised in full). See "Principal and Selling Shareholders."

Hope this helps.......and stay away from new issues until you read the prospectus for any new stock.

Neil



To: Peter Boudreau who wrote (2)8/3/1999 2:51:00 AM
From: Ri$ky  Respond to of 6
 
Peter,
It seems that some people don't really like Creo as a stock or a company or whatever(see previous post) I think that, depending on what style of investor you are (it sounds like you are looking for a fast trade) that this is the kind of stock that you can own for a long time and it will keep paying to do so (Warren Buffett style of investment). I had some of the IPO and I've bought some more in the last couple of days around $20.25, mostly in a retirement account. It won't happen overnight, but this has the home run potential, and who wants to pay all those taxes?
If you check out our friend from Presstek that tried to scare you away from CREOV, check out the PRST thread and you'll see why he would try to dissuade your interest in CREOV, he probably has lots to lose. I know, take his advice and watch this company trade for a couple of weeks, see if it holds in at these levels and forms a base.
Good luck!



To: Peter Boudreau who wrote (2)8/3/1999 4:15:00 AM
From: Ri$ky  Respond to of 6
 
Check this out:
financialweb.com

I hope Creo goes to the same prices that PRST did in 1996:

209.26.102.236