When I posted about conf call improvements I was
thinking along the lines of improving the actual mechanics
of the c.c.(i.e. net access to c.c.). You bring up a
good idea. Why cant we submit to the Creaf newsgroup a
couple questions that we as individual investors would
like answered in the c.c.. Creaf could take a few
minutes to address the questions that are important to
us. Later today I'll start a thread on the newsgroup
to compile the questions that come up.
My point is : we have many invest fear that the
intel 734 chip will eliminate the need for a sound
card. Many people has argued here that this chip will
not hurt the Sound Balster Live because it is aimed
at the high end user (especially the gamer).
However, two analysts fron two different brokerage still
ask that question in two consective conference call.
What it tell me is that brokerage and Money managers
still are skeptical about the future of this company.
Without institution buyer support, we now have a PE of 6
and that is evel lower than the cyclic commoditity
industry. You can post all you want but we are not going to
change those institution's mind. Only CREAF management
Disappointed to read buybacks will probably be
limited to 10%
of outstanding shares per year.
Given CREAFs high amount of cash reserves and high
earnings, the buyback will not put much of a
dent in their cash
I would like to
see either a dividend, or the purchase of
other companies beaten up by the current market. It
nice to see some diversification into
products which do not
potentially compete with Intel.
Any other suggestions on what
to do with the
every other high tech companies. This is known by
We invest in Intel as well, because
of its microchips business
not because if it can
infilfrate on everyone else' turf. Digital camera will be a
very hot product. I don't see Intel move in that area
mainly because it is not their bread and butter
Thanks for all those hedge funds poking around
for a couple billions profit and wipe
off 3 trillions dollars and consumers confident in
the U.S. Costing IMF to employ more than 50 billions
bail out crumbled enconomies. Maybe the U.S.
government needs to put some restrictions on these currency
attack hedge funds to avoid further economic
slowdown/backfires to consumer spending which in turn hurt every
Just look at the financial sectors,
what a blood bath!!
Chipsets was the key of your post. Here is a site
that gives a good roadmap for intel chips and
go to the chipsets and you will see intigrated
chipsets are right around the corner. Look at camino and
whitney. These might be low end, but I think a high impact
on Creaf is possible. It will be a change in market
dynamics that will hurt creaf. sort of like sub 1000 to
the pc industry. maybe?
It certainly will help all of us longs in the
long run for the buyback to occur when prices are this
low. Using the same amount of cash, they can now buy
back 2 1/2 times what they would have been able to do
when they first announced the buyback. It probably has
been in our best interest for the buyback to occur
Intel 's profit is about 5 billion this year. As
for Creaf, its
total profit is about 3% of that
Intel. Intel can increase this miniscule profit easily
by reduce through many channels, such as operating
expenses, or reduce staffs, consolidate divisions
No need for a Lion to chow bugs.
burned selling modems and other gadgets awhile ago.
Intel won't even touch motherboard business, need I say
why, rather they make motherboard chipsets which they
do best. Same for ATI, 3COM, Asus etc. should they
be afraid of Intel? No. Intel can't be
jack-of-all-trades and great at it. One of the major reasons of
Japanese conglomerates fail is because of the fact that
they want to do everything. See for yourself.
I would love to see CREAF prepared to give a
detail analysis of the the so called "Intel threat". I
believe that failure to address the concern properly is
one of the main reason that this stock has a PE ratio
of 6 which is wrose than most of the cyclic
commodity company. CREAF droped the ball when that last
question were raiused in the last wto conference call ans
I sure hope that they are prepared this time.
No doubt the value is there. I find it hard to
understand how anyone could be a seller at these prices.
Perhaps margin calls and ML trying to balance their
position (really a dumb move @ these prices) or perhaps
people don't think Singapore and CREAF will weather a
global slow down. With Singapore's substantial reserves
a slow down won't effect them all that much. Tech
should hold up better than other industries and gamers
will continue to want the most enjoyable experience
they can have , so CREAF should continue to do well.
Let's hope these assumptions are correct and that the
market begans to agree. A little investor PR could help