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

To: prakash who wrote (8123)	1/12/1998 9:23:00 PM
From: Dennis G.	Read Replies (2) \| Respond to of 13925

I'm going to say this one more time because I think it's more true than ever. IMO, the thing that hurts this stock more than anything else is this imbecilic buyback restriction. It's a ridiculous handicap that none of it's competitors has to deal with. A perfect example of Singapore shooting itself in the foot. I don't see what good comes from this law. No one can convince me that CREAF should be spending any more money on anything else right now other than its own stock. That's what IBM and INTC did during the last meltdown. If they were to announce just a 5 million share buyback, the stock would soon be back to a multiple near 10, where it deserves to be. Until they do, this stock will continue to be unfairly bashed and excessively volatile. If the people of Singapore wanted to help their own companies and their own economy, they should get on the phone and call up their parlimentary representatives and have them nuke this restriction now. It suppose to be a "democracy", or so I've heard. Dennis

To: prakash who wrote (8123)	1/13/1998 12:27:00 AM
From: Douglas V. Fant	Read Replies (1) \| Respond to of 13925

Prakash, I donot believe that anyone doubts (terrible English) that long-term SE Asian economies will do well. Short-term stabilizing the currencies in the region would be a good first step- make exchange rates a little easier to factor into commercial contracts and thus stimulate economic activity.... BTW think maybe some news on CREAF's upcoming earnings leaked? Also as I scroll down through a technical status report on tech stocks I see more stocks today being upgraded technically from "avoid" to "neutral". Nothing thundering, but that is a good start to turning things around in the tech sector.... Sincerely, Doug F.