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Technology Stocks : CRUS, good buy?
CRUS 130.58+0.8%3:09 PM EST

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To: Gary Burton who wrote (5796)5/8/1998 8:39:00 AM
From: Bosco  Read Replies (1) of 8193
 
g'day all - Gary sez "Let's get serious here... In my view, he is dealing from a weak hand and I suspect CRUS mgt"

ok, let's get serious <g>, is there any reason to believe Messr Teo has a weak hand? Does anyone know how much stock mgt insiders are still holding? Since Messr Teo has 9+% of the outstanding stock, and if this thread is a sample of shareholder's sentiment <while unscientific it may be, it seems reasonable, as most shareholders are holding a stock for profit and conviction,> there is enough firepower for Teo if CRUS mgt is silly enough to ask for a proxy fight. So, who has a weak hand?

Quite on the contrary, IMHO, there is a lot of suspicious going-ons. CRUS IR denial is a last ditch attempt for stonewalling and that PR about quoting Mrs Teo is amusing at best. I am not saying there is not some posturing going on, but I find it difficult to believe a person with Teo to fold so easily. If so, even I could do his job <VBG>

rgds Bosco
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