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Technology Stocks : CRUS, good buy?
CRUS 120.87-0.6%Dec 26 9:30 AM EST

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To: pokysconductor who wrote (8140)7/29/2003 12:24:23 PM
From: ChuckS  Read Replies (1) of 8193
 
Poky,

I think that French already said it:

"While we are encouraged by the increased level of orders we are seeing so far, and by our prospects for revenue growth, we remain cautious regarding the condition of the overall economy and consumer spending in particular for the remainder of the year," said French.

Orders will have to start to come in soon if we are going to participate in the Christmas market this year. It all depends on public sentiment. If it doesn't change soon, the manufacturers won't have time to gear up and get products on the shelves. I think the retailers took a beating last year and are not willing to make the same mistake this year. JMO
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