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Technology Stocks : CRUS, good buy?
CRUS 123.28-0.9%Jan 15 3:59 PM EST

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To: Phantom Dialer who wrote (5096)2/19/1998 9:57:00 PM
From: Calvin Scott  Read Replies (1) of 8193
 
PD,

You are correct in your assessment of the YAHOO chat board. Seems like it is prevalent in a number boards on YAHOO. A lot of shouting and very little substance. But......

Let me remind you and most others. Rumors usually have some truth to them. I am not saying that this one does but I won't entirely discard it either. As I have said before, CRUS has some very good fundamentals and a low stock price. They have a lot of cash and seem to be on a roll in regards to earnings, new products, low inventories and finally the on shore fabs (Micrus and Lucent) are paying off.

Since I do have some connections at CRUS (if I didn't scare them away), I'll put my feelers out. By the way, when I reported way back in October about the potential buy out of the graphics group by S3, this was based on the fact that a number of S3 employees were actually visiting and signing in the visitors log. They were fairly inept back then and I see no reason to believe that they wouldn't be now.

I will keep everyone posted.

Calvin Scott
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