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Technology Stocks : Creative Labs (CREAF) -- Ignore unavailable to you. Want to Upgrade?

To: Richard Haugland who wrote (5268)	10/31/1997 8:00:00 AM
From: john p. carney	Read Replies (2) \| Respond to of 13925

Hey Richard. I think this aquisition will be great for CREAF. Henry Kloss (founder of Cambridge) is probably one of the most respected guys in the speaker biz and built a great little company with Cambridge. I have a set of Ensembles and I think they blow away anything comparable that Bose or Polk has. Watch Henry Kloss, if he starts another speaker company and issues an IPO, I'm gonna be all over it. Kloss was also behind KLH (when they were good) Advent and others. John

To: Richard Haugland who wrote (5268)	11/1/1997 1:37:00 PM
From: Richard Haugland	Read Replies (1) \| Respond to of 13925

CREAF's acquisition of Cambridge will be done out of petty cash for about $38,000,000. CREAF must have about $400,000,000 or more left in the bank. Lokk for more acquisitions in the future, possibly of Asian companies with depressed stock prices. I assume that CREAF has been one of the few stars on the SES this quarter and that net funds may have moved into it because of its resistance to currency fluctuations. IMO, after selling by the original owners stops CREAF will get stronger.