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


To: Dennis G. who wrote (13319)1/13/1999 11:55:00 AM
From: Savoirman  Read Replies (1) | Respond to of 13925
 
All I'm saying is, this is a few months after Singapore companies have finally been allowed to buy back shares. Let's give it some time. I know the share price is half of the peak, but that was then, this is now. Creative had a bad year but was still pretty profitable ... much better than many companies in the comparable period. The share price is at a cross roads, and the company is going to move to its next phase - less audio, more consumer electronics, convergence etc. Lotsa things are being done in R&D which we don't know about, strategic alliances etc. Meanwhile earnings should not be disappointing.

if Sim does OK these few months, the next 12 months will be better with buybacks all the way (except for earnings). It will be the last three months four times over. Now that's not too bad aint it?