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


To: Brian Lempel who wrote (12691)11/8/1998 10:21:00 PM
From: Jay Fisk  Respond to of 13925
 
Creative knew the future when they bought into TDFX !
Three times as powerful as a Voodoo2 - wow.

forbes.com

<<<3Dfx is expected to launch its next generation 3-D graphics chip at COMDEX, the computer industry's biggest trade show in Las Vegas, Nev. The Forbes Digital Tool has learned that the chip which is code-named "Avenger" is three times as powerful as the Voodoo2 graphics chip. The product will be available sometime in 1999.>>>

Nice to see TDFX investment in R&D pay off !
Looks like CREAF had the inside track on this one.

Expect a rally tomorrow.



To: Brian Lempel who wrote (12691)11/8/1998 10:29:00 PM
From: WILLIAM BLACK  Respond to of 13925
 
Brian:

The dividend announcement is one I am sure will surprise all the analysts. I know it is a zero game at todays price but I believe for the long term it speaks loudly for the success of the company. If the management felt that this would negatively affect their ablility to grow the company in the future they would not have done it. It to me is like a company making a stock split - it tells the investment community that we the management believes that we have the future safely protected for continued growth. It is also attractive to investors who look for companies that pay dividends in which to invest which will expand the number of potential investors interested in this company. Hopefully, it will increase demand for the stock which will have a positive affect on the price.
The psychological lift for the company and present and future shareholders is positive.

Bill