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

To: taxikid who wrote (8126)	1/13/1998 9:47:00 AM
From: Dennis G.	Read Replies (1) \| Respond to of 13925

Thanks for the response taxi. I would agree that an efficient company shouldn't have to buy back shares to grow. And that's just fine. And I don't think they should do it just to make shareholders feel better. But we know that the market is extremely inefficient at times like these and this restriction prevents the company from taking advantage of these opportunities. We know that all companies need more shares for options and bonuses. Without this restriction, they could get these shares from the market at great prices instead of having to issue new shares. I just feel that the companies should be given the right to decide what is appropriate for them to do without any artificial restrictions. I know for instance from IR that they have been appealing this restriction for some time and I am convinced they would have bought back here if they could have. The company seems to also feel that this restriction is inapproriate. I believe it will be lifted eventually, so why not just do it now when it would help out Singapore when they could use the help. Dennis