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Technology Stocks : CRUS: HOW LOW WILL IT GO?
CRUS 128.85-1.9%2:12 PM EST

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To: ted quinn who wrote (2)7/12/1996 12:39:00 PM
From: Edward   of 18
 
Cirrus is in trouble but the single digits may be a bit extreme. I could see Cirrus dropping to the low teens, but I don't think it will break $10. Rembember this, there are some big companies out there that wanted Cirrus wanted Cirrus at $60.00 (ie Hewlett Packard). If CRUS goes to low its worth more than market cap. Someone will buy it and spin it off or integrate. I think that threshold will be met before the single digits. Although, few semi's anre hurting for more fab space capacity right now. Who knows, you may be right. On the bright side, if CRUS keeps dropping Dr. Kiri will own the whole damn company outright soon. That should support the stock price.
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