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


To: Kerry Lee who wrote (6935)4/22/1999 1:30:00 PM
From: Bosco  Respond to of 8193
 
Hi Kerry - I could have misinterpreted your comment, or there might be something substantive not mentioned in your post, I don't think PMCS being Canadian and CRUS being in the US alone would cause a highly regarded CFO to work for an out of favour chip shop.

The most obvious point is the compensation package. If one is paid enough, tax rate [unless it is 100% <VBG>] and currency translation [unless it cannot be exchanged] matter not. Think about it, while a low tax rate is indeed a good thing, there are tens of hundreds of execs in Canada, not to mention all those highly taxed Scandinavian countries and other G7 class European countries! If that were their only concern, then no one would be running successful companies like Nokia and DamlierChrysler.

More, if indeed the CFO is top notch and highly regarded in this industry, he can write his ticket. So, it is not leaving PMCS that matters; rather, the question is, like Taby said, he is coming to CRUS. I hope my friends in Silicon Valley don't take this as an offense, but there are hundreds of 2nd rated execs recycled in the Valley regularly. In fact, I'll bet Mr Shelton can land a bigger and better job elsewhere within months, if not days. So, I do not want to downplay the significance for CRUS to land a high caliber exec

best, Bosco