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Technology Stocks : CRUS, good buy?
CRUS 122.52-2.8%Dec 12 9:30 AM EST

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To: Jan A. Van Hummel who wrote (5605)4/20/1998 1:05:00 AM
From: JOHN N.   of 8193
 
I believe that a career investor like Teo who invests over $100 million of their cash only does so with a definite plan in mind. Don't you think that he has already analyzed all possible scenarios and already anticipated what he will do for each? He can afford to hire the best investment banking firms on wall street to do his "due diligence" on CRUS and help him formulate many plans of action. The only reason that Hackman is sitting on the CRUS cash horde is to make CRUS an attractive buyout candidate. Another 10% of CRUS and Teo controls the company. He already knows that Hackman does not impress the analysts with his current strategy for making profits. A more powerful CEO is called for here. Two years of languishing stock price is too long. We just have to wait and see what is going to happen.
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