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

To: Dennis G. who wrote (6360)	12/3/1997 4:06:00 PM
From: virgil vancleave	Respond to of 13925

at least when they do use their cash to buy, they buy at bargain levels. cambridge sound works was a steal nad will definitely add to an already good business. i would not be surprised if creative is in there looking for other aquisitions, but i will credit them on that the price paid will probably be a bargain. i hope creaf is not bought since we as shareholders would be rewarded more if they are not. just my opinion. wish i could have pulled the trigger for more at 20 today. my other trade hasn't went through so i am not very liquid. but bullish on creaf.

To: Dennis G. who wrote (6360)	12/3/1997 4:11:00 PM
From: Jon Tara	Read Replies (6) \| Respond to of 13925

Do something positive with all that cash? Buying Cambridge wasn't positive? They just bought themselves instant credibility and a guaranteed review by every hifalutin' audio reviewer. And entre' into a much larger market (home and mobile audio) that Cambridge could be a major player in. (Save for previous lack of capital.) Cambridge has the credentials - they just needed the backing. On the other hand, there could be some nervousness about Creative moving into this highly-competitive market, since they have had their sound card market practically all to themselves. Has anyone here carefully studied the HIFI acquisition from a financial viewpoint, though? I'll admit that I haven't. I'd hate to think that there was an obvious reason for the drop over the past few days that we have missed. How has this acquisition impacted their financial ratios, etc.? I am not all that big on a stock buyback, as that doesn't really do anything productive. The only buyback that would be meaningful would be a one-shot buyback of all of the shares still held by Chay and Ng. And maybe toss-in ML - the hell with them. :)

To: Dennis G. who wrote (6360)	12/3/1997 6:34:00 PM
From: Douglas V. Fant	Read Replies (1) \| Respond to of 13925

Dennis G., Even after the last three days I have a good feeling about this stock. In fact I today was frantically trying to sell all of the stocks in my IRA so that I could raise cash and buy more CREAF this morning. Its my biggest position in my portfolio. Also own and watched ASND in the networkers and INVX in the disk drive sector both survive bad news in each sector- ASND finished the day unchanged (!!!!) as 3COMS' and Cabletron Systems' earnings warnings did not faze ASND and INVX was down only about 1/2 point given the WDC warning- and CREAF turned upward in the afternoon. The point being is that I think today's tech stock action reflects that all of the Asian/Latin American slowdown/concerns are pretty much priced into tech stocks now- including CREAF. Now will CREAF stampede upward? While CREAF is grossly oversold right now, I do not think so- we need to "back and fill" a bit until at least December 11th Annual Meeting and see what the CEO has to say, and also wade through a little tax loss selling. And then from December 11th it's only four weeks to earnings release. And do not forget the two "industry-wowing" partnerships- maybe an OEM deal involving the Cambridge speakers? Yet to be announced but likely to add to revenue growth. My guess is that January will see a good move in CREAF. Indeed Dennis, remember Semitool last spring? It started at $9/share, rose to $14/share, dropped back to $9 1/2 again and later rose to $28/share over a seven month period (and has since faded back again to about $16/share on Asian concerns). Or NANO which rose from $4/share to $7/share, dropped back to $4 3/4 share and then tripled to $12/share?. I feel that like Semitool and Nanometrics last Spring we are in a similar 'second valley" prior to a new uptrend with CREAF. Will people in the world quit buying PC's? No. The trend if anything will accelerate. Will people want sound and graphic capabilities on their PC's? Yes they will. So demand may ebb and flow just like CREAF's stock price, but the long-term trend is up.... Sincerely, Doug F.