Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Frank Povoski who wrote (5616)	4/19/1998 12:13:00 PM
From: Anthony Aquino	Respond to of 8193

Thread: - Don't know or really care what Teo's intentions are...and for now, he is the only one who really knows... - Several facts do make this stock interesting: - 1. Many reputable institutions hold the stock.. they have many a great analyst, however, they are bound by certain rules...again, only they know them...but in some cases, they are required to sell if a co misses numbers by a certain amount (please dont flame me for suggesting that a powerhouse like CRUS might miss..heh heh heh)...In any case there could potentially be a few big sellers out there..which brings us to point number two... - 2. Dont compare Teo's buying prices to your own..chances are about 100% that he was buying larger blocks than all of us..the processes are not the same...finding a buyer/seller match for a 1000 shares is easier...you see my point.. - 3. Teo may eventually get enough steam to put ole Hack on the block...if so, please reference the chart after the announcement of Donald's retirement from DSC Comm...a similar situation with a CEO who was equally loved...note the pop and fizzle after the news... - Really do appreciate the discussion...great to see some more contrarian opinions out there... - For greenmail discussion, read on.. - v/r Tony. - FWIW, I think a better case of greenmail (than the Perot example) might be in '89 when Steinberg accumulated over 10% of Disney stock...Disney bought him out at a price well above market...the s/h sued everyone involved and forced them to pay $45mm in damages...