CRUS, good buy? Message Board

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Technology Stocks : CRUS, good buy?

CRUS 123.36

+1.6%

10:52 AM EST

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To: Calvin Scott who wrote (5968)	6/18/1998 11:16:00 AM
From: ted quinn	Read Replies (1) of 8193

Hey Cal, What will change with Teo on the board? I mean, will he be able to purchase in excess of 15% of the company shares? I can't imagine him being prevented from buying, say, another 10% because the other 6 members invoke the poison pill. It only goes into effect when the board puts it into effect. That would be iornic if they invoked the poison pill against one of their own!!!!! I think Teo will be free to buy more shares once he is on the board and is an insider. Once he sees the books, he'll either decide the company can grow again, or if not, then it should be broken up and sold off. Either way, implies good things happening for Teo and the rest of the shareholders. I also hope he will shame the other 6 into buying more shares; after all, this outsider now owns more than the whole board combined!! If Hack were really worried about losing control, he would be adding to his puny 1.99% stake in the company he founded.

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