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Technology Stocks : CRUS, good buy?
CRUS 130.34+0.1%Jan 30 9:30 AM EST

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To: Daniel Meyers who wrote (5728)5/5/1998 9:20:00 AM
From: JeffG  Read Replies (1) of 8193
 
The shareholder rights plan is used by management to make a hostile bid for the company prohibitively expensive. I went through it with my company. It primarily protects management and employees; employees that would lose jobs after a buyout. Shareholders could win or lose depending on the company doing the buying. IMO this is a move by management to prevent a large shareholder (Teo?), from gaining more control.

Jeff
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