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


To: BZOOKA who wrote (5590)11/12/1997 1:47:00 AM
From: Paul A  Read Replies (1) | Respond to of 13925
 
Ironic- I started a position in CREAF today, as well as increased my position in TDFX. Now, I find out CREAF will be announcing tomorrow that they will be introducing a 3d card using TDFX technology. 2 birds with one stone...

Fantastic news for both concerns.



To: BZOOKA who wrote (5590)11/12/1997 2:03:00 AM
From: Richard Haugland  Respond to of 13925
 
Sorry bad memory I guess. Hitch had previously posted:

FWIW, NG sold 200,000 shares between 11/03 and 11/05 at prices of 26.60, 26.625, and 27.50. NG as of the close on Wednesday controlled 5.26% of the outstanding stock.

I don't know where Hitch gets his data but I'll assume that this is correct. It was previously posted that Chay controls <5% of the shares now or <5,000,000 total. Looks like between them they have only enough shares for ~200 days @ 50,000 shares a day. At that rate they could be out in another year unless they accelerate their sales to > 50,000 a day. Of course I have no real information that today's sale was by either party but it caused a downtick so I expect it was a sale.

Hong Kong looks pretty sick now, down 3.71% at this hour

quote.yahoo.com

Singapore virtually unchanged now. Glad I am mostly cash now.