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Technology Stocks : CRUS, good buy? -- Ignore unavailable to you. Want to Upgrade?


To: JOHN N. who wrote (4921)1/27/1998 9:09:00 PM
From: richard surckla  Read Replies (2) | Respond to of 8193
 
Have you ever seen "SHIPPING SKIDS" wrapped in a plastic film to hold the materials together during shipment? Well that's TEO'S baby, lock, stock, and barrel. I'm told he invented the technology for this process and it is used all over the world. I would not be surprised to see him start to buy more CRUS at this time. Just a gut feeling. Barring some bad CRUS news I think the downside is little at this time. Of course I have been wrong before and it is only my opinion and nothing more.



To: JOHN N. who wrote (4921)1/27/1998 10:37:00 PM
From: ProCaddy  Read Replies (2) | Respond to of 8193
 
John, I believe Alfred Teo is in for the long term. He's a very good business man,and if you check on musicland (mlg) you'll find he's made over 28 million in the last year and has yet to sell. As to how much he's worth, easily in the 100's of millions.I don't think he will lose on crus either.



To: JOHN N. who wrote (4921)1/29/1998 4:53:00 PM
From: Mark Reier  Read Replies (1) | Respond to of 8193
 
I think that if you look at the 13D filing from Mr. Teo, his average is $12 per share. Therefore, he does not have a $22 million lose like what some may think. Besides he has already made about $35 million on a stock called Music Land if you follow one of his other 13D filings. Knowing Mr. Teo, he is always a long term investor. I know the man personally and he is a first class business man running the largest privately held plastics goods and bags manufacturer in North America with annual sales around $750 million. Mr. Teo was an immigrant to these states and built this business from the ground up. You don't do that without a good business sense and balls of steel.