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Technology Stocks : CRUS, good buy?
CRUS 119.99+0.1%3:59 PM EST

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To: Calvin Scott who wrote (5352)3/17/1998 10:08:00 PM
From: richard surckla  Read Replies (1) of 8193
 
Calvin, At the time when Canning left CRUS I had heard some behind the scene rumors that he became quite upset when Alexy had been appointed to the Office of the President position. That he (Canning) had been looking for that appointment and became so upset with Hackworth because he didn't get the appointment that he resigned. I have been told that this was a monumental error on Hackworth's part and a GREAT loss to CRUS when Canning left. If you recall I also believe that it was Canning that dumped all his shares with CRUS after his departure. All of the above is hearsay from one source or another. Can you substantiate any of it?

I also heard some months back that Hack was working late hours at the company 7 days a week in an effort to correct things. While he has become the Murphy's Law Whipping Boy of CRUS we have to remember that he still has a large stake in the company that will only benefit him if there is performance. While CRUS is in a turn around situation everything in our market is turning to shit. Don't misunderstand me. There is nobody invested in this company that is more pissed off at Hack than I am. I can go back to late 95 the MM's were dumping and Hack was assuring everyone that things were just great. The problem now is the same as it has always been. . .we can't do anything but keep our fingers crossed and hope that things continue to change in a positive manner for the company. Rather pathetic wishful thinking for those who have bought at $60, $50, $40, $30, $25, $15, or anywhere in-between.

One other thing that bothers me. . .>>I already am in hot water. << Back in Oct. I received a few private emails that said the same thing and you vanished for a short time. I sure hope that this is not going to be a repeat performance. I appreciate your posts.
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