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Microcap & Penny Stocks : OPTI -- Ignore unavailable to you. Want to Upgrade?


To: slob who wrote (388)12/5/1997 8:17:00 PM
From: Steve Zimmerman  Respond to of 482
 
Heard OPTI was holding board meeting next week a month earlier than planned. Anyone else have more news on this.



To: slob who wrote (388)12/6/1997 2:14:00 AM
From: SASQUATCH  Read Replies (1) | Respond to of 482
 
Are you aware of Creative's new PCI audio chips to be released 1st.qtr.'98 . News articles can be viewed in the SI NEWS under CREAF.,NEW NEWS PC QUOTE NEWS ALERT headlines dated Nov 17, 1997.
How do you think they will affect the industry ? These chips are obviously why Creative bought Opti's audio division.By the way there's a fire sale on Creative right now if you're interested, a good deal in my opinion.



To: slob who wrote (388)12/6/1997 3:49:00 PM
From: Cary Salsberg  Read Replies (1) | Respond to of 482
 
Slob,

RE: "As for selling it for $14M, they actually sold it much cheaper than that when you consider the value of the Opti Warrants that CREAF got."

Didn't CREAF receive 200,000 warrants which allow them to purchase 200,000 shares of OPTI at $10? What is the value of a warrant to purchase a $6 stock at $10?

Cary