SI
SI
discoversearch

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 130.61+0.2%3:59 PM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Calvin Scott who wrote (5720)5/4/1998 1:24:00 PM
From: Terrapin  Read Replies (2) of 8193
 
"My prediction is (and will remain so until I am proven wrong) that someone or some entity will buy Cirrus, Sell off the Mass Storage business for ~$500 million, sell of Crystal for ~$500 million, dump the remaining garbage and pocket a few hundred million. Seems like simple math to me."

I agree with the math however the fab usage agreements complicate a buyout. Perhaps a sign of an impending buyout would be a further revision of those agreements to allow CRUS an easier out.

On the products side it appears that CRUS stands a chance in the DVD game (must see design wins). But Wall Street hates this management and it appears that management hates shareholders. When do managements' options come on line - would we see a deal before then?

For the record I am only carrying a small loss on this one but my true loss is the dead money; the opportunity cost. I will continue to be frustrated until this management starts to act in the interest of the shareholders.

I am holding because of the cash position, the recent good earnings, my hopes for design wins, and the presence of Mr. Teo. He has a good track record and it is my hope that he will act on our behalf. I don't know about any shareholder rebellion but if I get a proxy asking me to re-elect current management I will vote against it.

Good investing,
John
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News