CRUS, good buy? Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : CRUS, good buy?

CRUS 123.21

-0.1%

Jan 16 9:30 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: grogger who wrote (4963)	2/3/1998 8:17:00 PM
From: john dodson	Read Replies (2) of 8193

Yep, decreasing the # shares outstanding increases the per share earnings (and losses) for a fixed amount of earnings (or losses). They are in effect shrinking the assets of the company for short term gains. The cash (an asset) decreases while the total number of shares outstanding decreases with it. I'm a little concerned that CRUS is opting to buy back so many shares. Actually the statement said up to 10M shares. That could be anywhere from 0 to 10M! -John Dodson

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next