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Technology Stocks : CRUS, good buy?
CRUS 121.30+0.1%9:31 AM EST
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To: ChuckS who wrote (8174)5/27/2004 7:49:10 AM
From: pokysconductor  Read Replies (1) of 8193
 
Chuck,

Earnings turned out to be pretty good overall. I listened to the last two conferences closely. Two themes stuck out at least to me. More cost cutting coming in terms of real dollars. In a quiet way, French projected one quarter this year at 75-80 million. With cost cutting in place, that is 10-12 cents gaap and 15-17 cents proforma, and about 15 million in operating cash. Care to guess a price in Oct./Nov./Dec.?

Regards,

Pokyscon.
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