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

To: Gopher Broke who wrote (13056)	12/9/1998 5:15:00 PM
From: Ben Beale	Respond to of 13925

Gopher, Yea, 17 is a positive sign for us 'cause we're gonna loose our butts on those 17.5 calls if it drops much lower... No, seriously, I think you're exactly correct. There are several signs that sellers are not able to exert enough influence to force the price into the 16's. I also hope you're correct that CREAF will continue buying a particular quantity and will adjust its bid accordingly. The alternative is that Sim buys only what he needs to keep the price where he wants it (17, I assume). If the latter, then all bets are off a week from Friday when the buy-back goes into hibernation. r/s Ben

To: Gopher Broke who wrote (13056)	12/9/1998 5:24:00 PM
From: Gopher Broke	Read Replies (1) \| Respond to of 13925

Is anyone else worried about private buybacks? Are the rules that govern them sufficiently well defined? For example, when a significant volume of shares is liquidated by a private transaction this has an immediate material affect on the value of the other shares both in terms of their percentage of the issued shares and in terms of how the rest of the market would read the transaction (Creaf coming up with the goods in terms of the buyback would have a positive influence on the stock?). SURELY CREAF ARE UNDER AN OBLIGATION TO REPORT SUCH A TRANSACTION TO THE INVESTING COMMUNITY IMMEDIATELY IT IS COMPLETED? Anyone out there understand the rules enough to comment on this?