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


To: Fred Fahmy who wrote (13299)1/12/1999 7:32:00 AM
From: jr  Read Replies (1) | Respond to of 13925
 
heres some news...

audiohighway.com and Digicom Systems Sign Production and Distribution
Agreement; audiohighway.com's AudioWiz Software to be Bundled With
Digicom Systems' Modem Blaster Products

marketwatch.newsalert.com



To: Fred Fahmy who wrote (13299)1/12/1999 8:42:00 AM
From: Dennis G.  Respond to of 13925
 
I made a slight miscalculation. Sim only stands to pick up $70 million over the next 10 years of dividends. Forgot that the first was a special one. Gee what a shame for Sim.

Course I am NOT claiming he is intentionally doing this. Obviously I can't know that. I'm just saying that that is what will happen if he just continues to do nothing. It's on automatic pilot right now, provided only that CREAF makes enough money to pay the dividend and buy back the shares. He will end up being the only shareholder. Everyone else will have sold out to him for little or no gain.

Dennis