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


To: DJBEINO who wrote (5791)5/7/1998 1:39:00 PM
From: cbstock  Respond to of 8193
 
Hi DJBEINO,

I submitted a posting in FEB ,see # 5026 that I still believe is very valid. TEO'S strategy is very sound and with all the voting share support that he has from the rest of the investing community , I believe he will have little trouble in redirecting the company. I do not think TEO has any personal interest in a hands on approach to this company but he can essentially buy them with their own money. Any large investor who puts $100m in a company is not interested in "cutting his losses and selling out" like the average BB surfer. He has a lot of horse power behind him such as tech industry analyst and smart investment bankers and a LOT OF MONEY behind him!!! The CRUS management has had lots of time to fix them selves and if there is not a change, the stock could be $10, 3 years from now with the current management team and board of directors.

JMHO

Regards

cb