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


To: Dennis G. who wrote (13472)2/1/1999 6:33:00 PM
From: Justin Pressley  Read Replies (2) | Respond to of 13925
 
I'll second that.

Why not spend some of that money on the buyback.

I'm about 6g's lighter in my pocketbook tonight.

I'll also second that about tight stop losses, and also stay away
from margin if possible.

I wonder how far down this dog will go? Someone please buy us out.
Butwho would want us? Hopefully Sim will use his dividend to buy
more shares.

JP



To: Dennis G. who wrote (13472)2/1/1999 9:52:00 PM
From: Fred Fahmy  Read Replies (1) | Respond to of 13925
 
Dennis,

<Well guess what meathead, the struggle isn't over.>

Really...what the f is he talking about?? I think the guy has totally lost it.

"First and foremost, in the midst of our joyful celebration, we wanted to remember those who are less fortunate." - Sim

I guess that would be all of us long term investors who don't get stock options or tax free dividends but got to watch our investments get cut in half.

But perhaps the following is the most incredible quote of my investing career.....if I wasn't down so much, I would think this is hysterical.

"We're going to leverage on Creative's strengths and will
not be threatened by the ongoing concern of sound cards going away," Sim said. "If they do, fine, we can sell speakers." - Sim


Why didn't he make such a absolutely positively ridiculous statement like that before I invested in CREAF. This kind of thinking is enough to scare off any rational investor. SELL SPEAKERS!! Yeah, now that's a leading edge concept. I can't believe he actually said that. I swear this whole thing is like something you would see on Saturday Nite Live. Let's ditch DVD and sell microphones and headphones instead. Is that next??

FF