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

To: Shakush who wrote (5286)	11/1/1997 11:40:00 PM
From: virgil vancleave	Respond to of 13925

just a few good things to add about the aquisition creative just announced. 1. anytime a comapny pays cash, they feel that their own stock is undervalued. don't believe me just look at a few examples. ie hadco when it bought zcon, which i owned at the time. 2. the price they are paying for hifi is more than fair to creative based on a price to sales ratio. and the company has little or no debt to take on. 3. this appears to be an excellent move by management and i am glad that i bought in at 21 and now plan to buy more. just hope it doesn't gap up on me as others see the same analysis that i do. just LOOKS good from here to me. good luck to all long and short(chip), although i feel the shorts will lose on this one in the long run.