Kris Tuttle

Soros Discloses EXAR Position

Exar does seem ripe for a makeover. The company still has over $200M in cash but loses a hefty amount due. Rationalizing R&D and SG&A would have a major impact in the equity value.

The situation has been going on for years so Soros will probably have to be aggressive to get this management to change their stripes (or change management.)