Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: grogger who wrote (13176)	12/21/1998 3:08:00 PM
From: Gambit	Read Replies (1) \| Respond to of 13925

So anyone think this is the bottom? I'm so tempted to sell out right now... If nothing else just to know how much I will lose on this stock and put a period at the end of this dog. Also why was AURL up so much today I show a high today of .91? Adam-

To: grogger who wrote (13176)	12/21/1998 6:18:00 PM
From: Dennis G.	Read Replies (1) \| Respond to of 13925

Looks like more institutional abandonment. Not just CREAF but the whole stinking business. They obviously think it is all crap. Hard to say how low it will go since they apparently place no value on it at all. I just can't understand why these morons waited until now to sell when they could have sold when CREAF was buying. If Sim had any guts at all he'd put out an offer of $19 bucks a share for the 60 million or so outstanding and he could have them vote on it in less than 2 weeks. They should have enough cash to cover at least 1/3 of that and could easily borrow the rest. Money is incredibly cheap. Then when he had taken the company private and reported good earnings in January he could sell about half the company in private placements and more than cover that debt. He could thus permanently end the horror that is CREAF's stock price. But maybe he is really Freddy Kruger in disguise. Dennis