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Technology Stocks : CRUS, good buy?
CRUS 121.28+1.1%Dec 19 3:59 PM EST

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To: The Gambler who wrote (5609)4/19/1998 10:37:00 AM
From: Frank Povoski  Read Replies (1) of 8193
 
Jan,
It is very simple.
Teo took his own money (he hold much in trust for Tax reasons) and invested in a company he felt has a great future and lots of value.
He still feels that, but is upset with management. HE will be on the BoD soon and will fix the management issues. He obviously cannot exit his investment until he fixes things, since any liquidation on his part unless the stock is under accumulation with actually cause the stock to go down further. The semi story and the CRUS story will change dramatically, but the question is when. I firmly believe that Micron, CRUS and other that have fallen on hard times will again appreciate dramatically, the question is when. It looks that the ASIAN thing has pushed thing out a year, but 1999 we could see multi-years high in many of these companies.
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