CRUS, good buy? Message Board

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Technology Stocks : CRUS, good buy?

CRUS 123.32

0.0%

3:59 PM EST

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To: richard surckla who wrote (5118)	2/21/1998 9:49:00 AM
From: Philip W. Dunton, Jr	Read Replies (2) of 8193

Following the last quarterly report for CRUS, which exceeded consensus estimates by a wide margin, all seven brokerage firms have cut earnings estimates for the next quarter and for the year nearly in half, according to First Call. All of these cuts have taken place in the past 30 days. Next quarter consensus is 11 cents and around 40 cents is now projected for the current fiscal year. Since I haven't followed CRUS in awhile, can someone enlighten me on this? Is this Asia kicking in for CRUS? This stock looks like a low risk buy to me but will it move up? Thanks for any input. Phil PS. I am thinking of establishing a position at this level.

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