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

To: Dennis G. who wrote (13016)	12/5/1998 10:44:00 PM
From: Jeff Lins	Read Replies (2) \| Respond to of 13925

Regarding the buyback and managment handling it badly. I don't know their strategy, so I can't say whether or not they are doing a good job. But, I can tell you they aren't crazy about traders. Traders we know are important for liquidity, but I have a feeling those guys in Singapore don't much care for that. They want people to Invest in the company. That is one of the reasons for the dividend. So by slowing their buying down right now, perhaps they shake out some of the traders (as evidenced by an earlier post). Those who aren't willing to wait will not be as rewarded. By taking a pause, maybe they are doing the right thing in the long run. But I do hope (and expect) that they will do significant buying over the next two weeks...

To: Dennis G. who wrote (13016)	12/6/1998 9:02:00 AM
From: Fred Fahmy	Read Replies (4) \| Respond to of 13925

There is much talk about the stock dropping during the quiet period when CREAF stops buying it. I don't think that this will necessarily happen, but I do think it is more and more likely the longer CREAF sits steady at 17. If investors start to see the stock resume its move upward (partially due to the company demonstrating confidence in the future by buying heavily before the quiet period), I think the stock might actually continue to rally on its own (provided the market behaves). All CREAF needs is some momentum and a show of confidence by the company to keep long term investors from bailing and to attract new investors as we continue through this strong retail Christmas season. If they are in a position to pre-announce some good news before they stop buying (during quiet period), then the should make sure and do so ASAP. Finally, to those who think the stock will drop during the quiet period.....it could happen (would be a bad sign but could happen, especially if the results are in doubt). In any case, if it drops from 17 or if it drops from 20 makes a big difference IMO. If it does start dropping, I think the resting point will be higher if the starting point is higher. Good luck to all, FF