CRUS: HOW LOW WILL IT GO? Message Board

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Technology Stocks : CRUS: HOW LOW WILL IT GO?

CRUS 131.28

-1.0%

Nov 3 3:59 PM EST

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To: ted quinn who wrote (2)	7/16/1996 12:04:00 PM
From: Geof Hollingsworth	of 18

At $7 the stock would be at book value, at about .3X revenues, and around 4X next year's earnings forecast (yes, the analysts I talk to still forecast a profitable 1997, but maybe hope springs eternal). Could it get to $7? Sure, but only if there is major bad news no-one has yet glimpsed or if this is the start of another big down-draft in the tech market, in which case there are better shorting targets than these guys (all IMHO). BTW, they are scheduled to speak at the RSC semiconductor conference at month-end.

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