I would like to take a stab at your question regarding if Teo can influence this current management team.
First, I believe we are here do to a rift within the Board of Directors. Kelly wanted and deserved the CEO position and made his move accordingly. Hackworth wouldn't have anything to do with this and gathered his troops (don't forget Suhas is still on the board) and had him removed.
Secondly, as a result, I believe that Cirrus is pursuing suitors and the will be bought out in the near future. Whether it is INTC, NSM, or 3Com, it doesn't really matter. By all indications, they are cleaning house, emptying the trash and preparing for the nuptials.
I believe Teo is part of this party to the extent that he is an influencing factor, has good contacts within the business community and will NOT let his investment merely go by the wayside. He probably is a central figure.
I don't know whether or not Arnold is or is not an acquaintance of Mr. Teo and frankly don't care. What I care about is my investment and at this point, unless there is a management change, Cirrus' future is questionable in regards to staying it alone.
Calvin Scott |
