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


To: Gauguin who wrote (12971)12/2/1998 5:44:00 PM
From: Dennis G.  Respond to of 13925
 
Thanks Gauguin. Sorry to hear you sold but I thoroughly understand your thinking. I know it's my paranoia creeping in, but it almost seems like CREAF is deliberately trying to antagonize and infuriate their present holders, hoping to drive them out through exasperation, just to get their shares cheap. Sure hope to God that's not true.

I just don't understand this penny-pinching crap when they are missing the big picture of what a FAIRLY VALUED stock means to the company. It is certainly good for employee moral and retention. It means they can use stock for acquisitions if they want instead of wasting cash. And that means they don't have the headache of good-will write-offs. And it means they don't have to beg for fair value if someone should try to buy them out. A company with CREAF's solid performance record should have a stock price it can be proud of, not an embarrassing insult.

Sure the stock could and will have set backs afterward. We've all seen them before. That's nothing new. We all know what they are like and we can deal with them. Chances are, it would still be higher than it is now. People would see 17-18 as a bargain and jump on it. What I can't deal with is the company basically telling the whole world that they don't think they are even worth 18 lousy bucks.

Dennis