CRUS, good buy? Message Board

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Technology Stocks : CRUS, good buy?

CRUS 124.43

+0.7%

3:59 PM EST

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To: DJBEINO who wrote (5945)	6/16/1998 9:17:00 AM
From: Terrapin	Read Replies (2) of 8193

So this is how we find out about a design win? Has this been announced before? Geez - this company doesn't know how to promote itself! Still we can figure out what kind of revenue it will generate. I'm impressed with the level of negativity and agree with about everything I hear. Except about Teo. I don't think he was duped into getting on the board but is now in a position to gain further control of the direction of the company. His loss is substantial but that INVESTMENT has bought him partial control of a $700 million company with decent cash flow. In my opinion people like Teo buy stock for different reasons than people like me. I just want to make some money but he wants to CONTROL the money. And he is on his way to doing that. Remember, the guy doesn't have to work another day in his life so he probably thinks about money a little differently. Anyone looking to make a fast buck should probably look elsewhere or short. IMHO: Management is arrogant, ineffective and should be removed. I think that the catalyst for this change is Teo but it won't happen as quickly as anybody would like. This stock has been bloodied (appropriately) and so has the sector. That may create temporary situation where the stock is undervalued. I think we are at that point or very near. Sorry for spouting off but the bottom line is that it is undeniable that Teo has business sense and that is what CRUS management seriously lacks! Having him on the board is a large positive. JMHO, John

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