CRUS, good buy? Message Board

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Technology Stocks : CRUS, good buy?

CRUS 123.21

-0.1%

Jan 16 9:30 AM EST

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To: Robert Salasidis who wrote (4862)	1/21/1998 10:27:00 PM
From: agiak	Read Replies (1) of 8193

Cirus i feel is in great position if you think about it. Doing all the right things for a turnaround company. They have restructured, reduce employees, better focussed on their key products and have quarter after quarter beat their earnings. Reduced R and D is due to the restructuring and focus markets in asia is not all that bad especially in Japan where Sony and Fuji are the key players in the storage division. I think next quarter will even be better as the market realize that Hackworth is an honest ceo and works hard to gain shareholders trust. Remember, Intel at one point was trading at 10 dollars also in the 80's and no one could imagine they are where they are today. Though it is way too early to compare our company to Intel, I feel Cirrus is very well position for a place in all value investors who can hold this stock for at least 3 years. Remember, this was a company who once was the darling of wall street not too long ago and was name as the top new up and coming company. Just maybe we will gain it back quarter by quarter. Happy Investing everyone!

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