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

To: Fred Fahmy who wrote (12650)	11/5/1998 7:46:00 PM
From: Dennis G.	Read Replies (1) \| Respond to of 13925

I may have overestimated the supply of shares available at these prices. CREAF may have to pay more than 16 1/2 average for its shares. Gee, what a shame. <G> I don't think CREAF management will be too upset either. It's getting close to the point where all they have to do is support the price. I get the feeling that just having the authority to buy back shares will radically change the psychology of this stock. Now CREAF has the cash AND the ability to step in when the wolves come calling. I have the impression that one of the reasons the institutions hated this stock was from fear of what the other institutions would do with their shares. Any one could dump theirs and tank the price and leave the rest holding the proverbial bag. Perfect example was last year when you-know-who dumped his 6 million shares in the middle of CREAF's best quarter ever. Stock still hasn't recovered from that trama. But it appears that the patient is finally out of intensive care. Thank goodness. Dennis