CRUS, good buy? Message Board

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Technology Stocks : CRUS, good buy?

CRUS 123.54

-0.2%

11:44 AM EST

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To: Grand Poobah who wrote (5388)	3/25/1998 3:12:00 AM
From: Frank Povoski	Read Replies (2) of 8193

How long have you held cirrus? I have been a shareholder for at least 5 years No one is putting short term pressures on them and I am not hitting on management. I in fact praised them for the turn around. I realize that it does take time but I said that MANAGEMENT COULD HAVE MORE STEPS TOWARD REGAINING RESPECT. THIS QUARTER WILL NOT DO IT AND NEXT WON'T EITHER. Earning have improved but that was purely done by cost control (ie layoff). The revenues have been declining for two years. This will also improve in time if they deliver new and innovative products. AND ONE THING YOU GRAND POOBAH have remember that CIRRUS is not in business for the welfare of the employees. So don't give me that bullshit employee sob story stuff. Every company that has proper management does layoffs, reorigs, and restructuring to remain competitive. It is that companies that lay back and don't do anything, that wake up one morning to realize that they have a big mess on their hands. Come on guy. Companies exist to make money, otherwise it is called socialism. Let me ask you a question? Did you think Kodak should let go 16,000 people? They sure should bud.

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