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Technology Stocks : CRUS, good buy?
CRUS 121.42-0.3%Jan 12 3:59 PM EST

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To: ted quinn who wrote (5969)6/18/1998 12:12:00 PM
From: Calvin Scott  Read Replies (2) of 8193
 
Well, first of all Hack did not found the company but that is neither here nor there.

Wouldn't it be a pleasure to see the Hackman take his $680,00 bonus and use all the money to buy CRUS stock? If he did that I probably would have mixed emotions. On the one hand I would think, great, he is finally putting his (our) money where his mouth is. But secondly, I would think 'Is this guy crazy buying this equity?'

As for changes that Teo will inspire (force) my guess is that he has already stated what he wants to do and will do it. That is, steer the company to be bought out or merged with a "known" interested party. All I can say is that the next couple of quarters are going to be interesting. I hope Teo keeps his communication going with the media so we get an idea of what is going on but I doubt we will hear anything except for public announcements.

Calvin Scott
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