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Technology Stocks : CRUS, good buy?
CRUS 120.13-0.6%3:59 PM EST

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To: Synapsid who wrote (5206)3/1/1998 12:02:00 PM
From: Phantom Dialer  Read Replies (2) of 8193
 
Stock Price

Do you think that the stock price is already reflecting any negative or bad news? I mean, nothing "new" is happening in Asia... 90 day estimates for the current q were 16 cents and are now 11. For the following quarter they were 18 cents, and now are 4 cents...(I got these off First Call) Aren't we at the point in this stock where any "BAD" news will actually be good news? (kind of like in the Nike and some other stocks we've seen?)

Where do you peg fair value on this stock? I really wonder how much of last weeks buying was the company buying its own shares back considering there was no "real" news.....

The Dialer
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