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Technology Stocks : Cirrus Logic
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To: Sameer Jagtap who wrote (59)12/29/1995 6:54:00 PM
From: Thomas DeGagne   of 110
 
Cirrus management doesn't understand the stock market but they do understand the semiconductor business. The Dec 27 announcement really pissed me off since it came 1 trading day AFTER the Canadian tax loss cut off for 1995.

I still think their a great company. They have a short term weakness in one of their many product lines. This company grows 50%+ every year so this should be a great buying opportunity. The same thing happened last year in December. I bought $2000 worth of calls and made $9000 in 4 months. Let's hope the same thing happens in 96.
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