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


To: Dennis G. who wrote (13109)12/15/1998 12:00:00 PM
From: capt rocky  Read Replies (1) | Respond to of 13925
 
dennis, why would kim pay more than he has to to buy creaf? look at it from his point. ultimatly buy back will end and creaf will stand alone. i repeat , don't sell!



To: Dennis G. who wrote (13109)12/15/1998 7:27:00 PM
From: Derrick Lim Kok Fang  Read Replies (2) | Respond to of 13925
 
Buyback has only a limited effect in the price movement. With the stagnating price, it can only point to the lack of interest from the investment community. The price is now sinking into a quagmire. It will do so till next quarter result release. Seems like history has repeated itself again.

Let's not forget that Sim took out a huge bank loan to purchase a few % points of shares at around the $15 range last year.