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

To: Rutgers who wrote (13013)	12/5/1998 8:37:00 PM
From: Dennis G.	Read Replies (1) \| Respond to of 13925

I hope you are right about them showing better support for the stock. But if this is part of some "subtle" strategy, I don't think they are doing themselves any favors in the PR/IR department. Wall Street does not like to be manipulated by companies. They like their companies to be open and have their actions match their words. Right now, I sense an inconsistency there. And actions speak louder than words. If they truly have the faith they have stated in their future, they better start showing it. Dennis

To: Rutgers who wrote (13013)	12/6/1998 3:38:00 AM
From: Ben Beale	Read Replies (2) \| Respond to of 13925

Rutgers, You have more tenacity than I, probably, and more faith that management knows what its doing regarding the buy-back. I concede that we know nothing about management's target price or range, but we have Sim's statement, before the shareholder's meeting, that he intended to use the buy-back authority, if granted, to the fullest. That's a great idea, but I think the last 4 trading days indicate a problem with execution of the declared strategy. Especially so in light of the requirement to cease buying 30 days prior to earnings being announced in January, per Dennis' msg. #12961, Message 6629447 I got into CREAF a little more than a year ago as a value play (it had a PE of 9 I believe). I think its still a good value, but I also think tax-loss selling may take this stock to 14 before it sees 20+ again. Finally, I beg to differ on Dell's use of A3D64. In my earlier message, I quoted from Dell's December 1998 "Home Systems Catalog" which I received in the mail on December 5th. On p14 of the catalog, Dell "recommends" the Turtle Beach A3D 320 card with its top-of-the-list system. The A3D64 Card is, however, offered for substantially less $ at page 15. I hope you're right that $20 is achievable this year. If it's going to make it there in the next 10 trading days, I think volume and price will have to rise dramatically from Friday's anemic level. If volume remains at 1/2 million shares, I'll be surprised if it can maintain the 16-17 range. r/s Ben