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Technology Stocks : CRUS, good buy?
CRUS 131.28-1.0%Nov 3 3:59 PM EST

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To: ptrader who wrote (7509)2/12/2000 5:33:00 PM
From: ptrader  Read Replies (2) of 8193
 
There seems to be some interest in the Sony Playstation design win. Where did this info come from? Well, Dave French announced this in one of his employee meeting in the last few weeks. He did not give any details, but was very pleased with this design win. CRUS has a very deep relationship with Sony. I know of numerous design activities between CRUS and Sony. French wants to span consumer to PC to communications products for CRUS. In addition, he has alluded to some "deals" in the works. I do expect CRUS to go debt free this year with about $300-400m in the bank. This should move CRUS stock above it's high in 1995.
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