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: john dodson who wrote (4974)	2/6/1998 2:20:00 PM
From: Ronald Allen	Read Replies (2) of 8193

This is the point with my investments where I sell and then see the stock promptly go up several points. Of course, this time I will wait until it goes down to 9 before I sell. Then CRUS will double in a month. It is very frustrating holding this stock. I bought just prior to the earnings announcement at 10 3/4. Only good news has come out since then and yet the stock cannot sustain an advance. I hate to think what would have happened if bad news was released. From a value perspective, CRUS seems like a steal at this level but it may take a while for the market to value it properly. I look at a company like Amazon.com which is selling for 60 with no positive earnings anticipated until maybe 1999, a tough competitive environment and financially weaker than CRUS and become even more puzzled. Hopefully things will turn before I sell.

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