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


To: Calvin Scott who wrote (5951)6/16/1998 10:55:00 AM
From: ted quinn  Read Replies (1) | Respond to of 8193
 
Teo will have no power on the board. they let him join so they can laugh at him to his face as well as behind the back. In fact, I hear that there are quite a few off-color Teo jokes making the rounds of Cirrus HQ. And why not? This guy bought a shitload of stock when the people who knew the most about the state of the company--execs and board--were refusing to buy even at bargain prices. Even the Hack refuses to sink any of his ill-gotten gold into more shares even though he founded the company and is most responsible for underperforming the S&P Semi index by a factor of 6 over the past 5 years. Having Teo around will provide much mirth and smirking around Crus, you can count on that.