CRUS, good buy? Message Board

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Technology Stocks : CRUS, good buy?

CRUS 123.32

0.0%

Jan 16 3:59 PM EST

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To: ProCaddy who wrote (6386)	10/3/1998 11:35:00 PM
From: ted quinn	Read Replies (1) of 8193

Make your case that Teo was a smart investor when he bought 10% of CRUS. I'll be open-minded. What was Teo interested in most in CRUS--the audio business or the storage business? What price will Teo realistically achieve in the next year? It might hit $10 a share within 12 months, maybe $15 within 2 years. That means Teo would have invested $80 million for total of 3 years and would have only broken even if he would sell at 15. Would he have been a smarter or less smart investor had he waited a year and started buying 10% of the company TODAY?? If Teo saw it was a great investment at $15/share, how come other smart investors aren't snapping up shares at $6 a share? Just what is it that Teo sees in CRUS?

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