CRUS, good buy? Message Board

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Technology Stocks : CRUS, good buy?

CRUS 127.36

-2.5%

Jan 23 9:30 AM EST

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To: Frank Povoski who wrote (4910)	1/27/1998 4:06:00 PM
From: James Luk	Read Replies (1) of 8193

A lot of confusion in the marketplace about CRUS. A lot of people are scared about the followings: 1) Intel getting into graphic chip market. 2) Over supply in DD sector. 3) Asia potential problems. 4) Company mentioned and anaylst reduced earning estimates at least the next two quarters. Finally, if CRUS has $7.00 a share in cash then what is the reason for them to try to sell the convertible deb. I am not sure why they need so much cash right now. Is this because of their fab agreements? I hope that they are not paying out cash for empty production lines. Can someone check with CRUS's IR?

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