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Technology Stocks : CRUS, good buy?
CRUS 127.36-2.5%Jan 23 3:59 PM EST

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To: cbstock who wrote (5816)5/10/1998 6:53:00 PM
From: David B. Higgs  Read Replies (2) of 8193
 
I need help in understanding the 5/8/98 comments made by Teo. I can see where he may have been forced to make public statements after CRUS' policyholders' rights announcement but I really don't understand Friday's comments.

Teo had previously stated he would be meeting with CRUS management so why comment to the press on Friday? If as stated, Teo plans to buy more shares, why announce that in advance and indicate he sees the company valued at $40 in the future? I gather that Teo is an honorable man, but I don't think he was communicating to us, the small investor. If that were the case, why did he not come out into the open months ago? I am not one of those who think Teo is doing a pump and dump, as that does not fit his method, but I have no idea as to the message he was trying to make in the Friday article?

This whole CRUS/Teo thing is going to be fun to watch as it develops over the months to come. It is kind of like reading a mystery novel where you know there will be some strange twists but you have no idea when, where or how they will happen.
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