SI
SI
discoversearch

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?
CRUS 123.320.0%Jan 16 3:59 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: LTK007 who wrote (6988)6/17/1999 7:07:00 PM
From: Bosco  Read Replies (3) of 8193
 
G'day all - well, I think there can be other developments that can propell CRUS for a couple more days like today w/o the need of a buyout rumor.

1st, even though I don't have hard numbers, if CRUS can get rid of the fabs w/o having away the store, the stock should climb back to the mid teens. The simple reason is that it has been the fabs putting the drag on the co's bottomline

2nd, a delayed reaction it may be, the SOX has been running hard. CRUS is a decent chip shop, if it is not b/c of the above, it will not be sitting in the bottom

Personally, I prefer 1) and 2) happen 1st before any buyout to materialize

best, Bosco
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext