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


To: BZOOKA who wrote (12291)9/18/1998 1:33:00 PM
From: jgideon  Respond to of 13925
 
BZOOKA, please give a source for your statement about
the buyback happening in November. Not to impune your
integrity, but I don't trust Singapore.

jg



To: BZOOKA who wrote (12291)9/18/1998 3:24:00 PM
From: burn2learn  Respond to of 13925
 
Today is Nov 1st and buy backs become legal. What now? Is there an art to buybacks. Our CEO has no experience in this arena, can Creaf mess this up? What if Creaf see revenue growing again due to new product releases, DVD, whatever and decides to hold off on actually buying shares.

100 million is set aside for buybacks. That dosnt mean it will happen. IF rev was growing would you rather see the money saved and used to help boost the stock when needed(now is needed).

Do we want 10 % now or over time.

mike