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Technology Stocks : CRUS, good buy?
CRUS 120.82-0.6%Dec 26 3:59 PM EST

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To: Phantom Dialer who wrote (5207)3/2/1998 8:41:00 AM
From: Terrapin  Read Replies (1) of 8193
 
"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....."

Fair value is a tough one but I am of the opinion that the company is currently buying at these levels. I don't have hard data but the volume of the trades, the lack of news and the stability of share price lead me to guess that they are the ones doing the buying.

FWIW,
John
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