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

To: Jon Tara who wrote (6362)	12/3/1997 4:15:00 PM
From: Y. Samuel Arai	Respond to of 13925

HUGE volume and down...tomorrow, if price keeps above the low of today, I think there should be a swift upswing within a few days. I'll be buying a lot more shares tomorrow depeding on action. Sam

To: Jon Tara who wrote (6362)	12/3/1997 4:24:00 PM
From: Brian Lempel	Respond to of 13925

Just had a funny thought. Didn't someone say last week that ML was no longer listed as a shareholder? <eom> Brian

To: Jon Tara who wrote (6362)	12/3/1997 4:28:00 PM
From: virgil vancleave	Read Replies (1) \| Respond to of 13925

cambridge had a price to sales ratio at the buyout price of 0.7 which is below fair value since they have little to no debt. fair value from some of the books i have read is from 1 to about 2 depending on margins. it appears that there is some uneasiness about the aquisition but creaf management must know what they are doing. they have a quite successful business model at this point. other than the math ratios, i really can't tell you much more info here. hope this helps. anyway, just found out that my other trade went through right before the close, thus now i have some money to play again. thinking of buying more creaf after i check out the stores this weekend. good luck.

To: Jon Tara who wrote (6362)	12/3/1997 5:49:00 PM
From: DRRISK	Respond to of 13925

Jon, This company is a takeover candidate and the ML issue could be a prelude to shenanagins on their part. I doubt that Creaf can not see this risk. The situation this company is in creates a tremendous possibility for explosive upside potential. Another 5k at 21 today but am tired of fighting the tape. Nonetheless,resolute in my position that this is an old trend repeating itself but the cash adds a new twist at these share prices. DrRisk glad today is over

To: Jon Tara who wrote (6362)	12/3/1997 6:56:00 PM
From: Dennis G.	Respond to of 13925

I don't know much at all about Cambridge. But even if one assumes it was a good buy, it's such a small deal that I don't see how it could have much effect either way. They need to do something relatively big, like say $250M. But I don't know of any company I'd like to see them buy. Seems like everyone else in the multimedia group is more expensive than CREAF is. Do you have any suggestions? It seems like this week some unnamed institution(s) decided to unload their large position at just about any price. I don't know why but they did. And when that much supply appears all at once, the price crumbles. If CREAF just had the ability to buy their own shares on the market, they could absorb some of that excess supply and then sell it when the market is better. They don't have to hang on to it forever. But I guess I'll just have to stop thinking about it because it won't happen. And I can thank those wonderful beaurecrats in Singapore for that. Dennis P.S. Bill Gates, if you're reading this, how about giving me 1 MSFT for 5 CREAF shares? It's a great deal! Won't last long.