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


To: richard surckla who wrote (5810)5/9/1998 6:40:00 PM
From: Gary Burton  Read Replies (1) | Respond to of 8193
 
In my view, Teo is telling everyone " I'm getting bored here and the HQ talk was depressing so maybe I made a mistake. Geez, how do I get out of this one intact. Guess I better start verbally shaking the tree and tell the press about it so I can get the stock up a bit so I can sell out and move on. After all, I don't have unlimited pockets and I've already sunk a boatload in this so I can't do much more except talk. And geez, if the street ever realizes that I'm now a toothless tiger who has shot his bolt already, what am I going to do if the numbers get weaker and the stock weakens furthur. My maximum leverage is now and if I can't juice the stock up so i can get out whole, my leverage will quickly erode. Why didn't someone tell me that CRUS's fab agreements etc would make any takeover very problematic unless the buyer was a tech heavyweight that IBM etc liked"