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Technology Stocks : CRUS, good buy?
CRUS 127.36-2.5%Jan 23 9:30 AM EST

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To: Sosmartinov who wrote (7527)2/17/2000 12:39:00 PM
From: ptrader  Read Replies (1) of 8193
 
What's Happening?

One of the things that is driving CRUS is the BOOM in semiconductors in general. Industry watchers say that we are in the beginning stage of the expansion. Did anyone listen to the interview with AMAT CEO today? He was very positive that we are in the very beginning of this cycle. But also CRUS will show BIG earning increase going forward. With the shortage of capacity, Dave French as instructed the sales force at CRUS to RAISE PRICES!!! This will lead to a BIG increase to EPS. This should drive the stock price to $40-50.
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