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: Calvin Scott who wrote (5834)	5/14/1998 11:38:00 AM
From: pham	Respond to of 8193

Well said Calvin. BTW the break of the long 5 month trading range is the anticipation of changes that Teo and the rest of us will bring to CRUS. It's time for Mike to retire. That's MHO.

To: Calvin Scott who wrote (5834)	5/14/1998 1:20:00 PM
From: peter lo	Read Replies (1) \| Respond to of 8193

Hi Calvin, Yes, I totally agree with you. The management team just lost all the credibility, especially they announced to buy back stock four months ago but still did not buy back any single share. When the investors asked them why do they not buy back any shares yet? This is their answer: We will explore all the options to enhance shareholder value. How ironic is! They did not even try one option yet and they are explore other options. You should send your thought to Mike Hackworth. I believe the following is his e-mail: mlh@corp.cirrus.com Peter