Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Fred Fahmy who wrote (12718)	11/10/1998 11:03:00 AM
From: Power ranger	Read Replies (1) \| Respond to of 13925

Use this weakness to accumulate more ;-) The President signature is just a rubber stamp process. Why is there this delay, I don't know. What PR know is that I will use this weakness to load up more. Bought another 10K at an average price of 14.50 today. It is a no brainer that creaf will break 20 once the buy back begin. And be forewarn - the President may sign any time. PR

To: Fred Fahmy who wrote (12718)	11/11/1998 6:06:00 AM
From: Savoirman	Read Replies (1) \| Respond to of 13925

I must agree that Singapore has been inexcusably slow in bringing its financial sector up to world standards in terms of disclosure and liberalization. This is despite the frequent claim of trying to be a financial "centre". Buybacks is one very visible example of this fantastic foot-dragging. If it weren't for the financial crisis buybacks would probably be allowed in 2003 or something, after the rest of the world has allowed it. But having said all that, the pace of reform is accelerating. The Monetary Authority of Singapore actually speaks to investors and analysts nowadays, and writes to the press in non-threatening language. This government body used to have twice-a-year mandatory "scolding sessions" for reporters who wrote stories not exactly in line with its policies. So things are improving.