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Technology Stocks : CRUS, good buy?
CRUS 123.28-0.9%3:59 PM EST

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To: JOHN N. who wrote (4921)1/29/1998 4:53:00 PM
From: Mark Reier  Read Replies (1) of 8193
 
I think that if you look at the 13D filing from Mr. Teo, his average is $12 per share. Therefore, he does not have a $22 million lose like what some may think. Besides he has already made about $35 million on a stock called Music Land if you follow one of his other 13D filings. Knowing Mr. Teo, he is always a long term investor. I know the man personally and he is a first class business man running the largest privately held plastics goods and bags manufacturer in North America with annual sales around $750 million. Mr. Teo was an immigrant to these states and built this business from the ground up. You don't do that without a good business sense and balls of steel.
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