CRUS, good buy? Message Board

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Technology Stocks : CRUS, good buy?

CRUS 124.05

+0.6%

1:28 PM EST

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To: Sjp who wrote (4906)	1/27/1998 5:37:00 PM
From: clark readler	Read Replies (2) of 8193

Ski, I didn't know what was going on so I was on the sidelines. I was tempted to buy yesterday @<9.75. However, the slope on this stock still looks downward (good trading stocks go sideways). Question, Theo, a smart investor buys, into CRUS. CRUS has lots of cash and is getting $60 million more. Management has no comment on what it plans to do with the cash. Stock goes down to almost book value. none of CRUS management (I assume)are buying the stock. What's wrong with this picture?

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