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Strategies & Market Trends : How To Write Covered Calls - An Ongoing Real Case Study! -- Ignore unavailable to you. Want to Upgrade?

To: Caroline who wrote (8305)	8/20/1998 2:53:00 PM
From: VincentTH	Read Replies (1) \| Respond to of 14162

Caroline, CREAF is based in Singapore, but the stock is sold in the U.S. as an ADR. CREAF does have subsidiaries in the U.S. (Ensoniq, a company that makes speakers in the U.S. (Columbia something) and a chip designer firm in the Silicon Valley (SEI?) that they acquired last year. Singapore and Taiwan are 2 of the Asian countries that are least affected by the Asian flu thanks to strict Securities regulation (Taiwan) and strict Banking regulations (Singapore). As a matter of fact, the majority of CREAF sales are in the U.S. and Europe (something like 80%). People on the CREAF (and may be our own resident Doug Webb) thread may have better infos than my fuzzy memory. I currently hold a small position in CREAF Jan 99 calls, having sold off when CREAF started to pull back. //V