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Technology Stocks : CRUS, good buy?
CRUS 120.87-0.6%Dec 26 9:30 AM EST

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To: grogger who wrote (5220)3/3/1998 12:18:00 AM
From: James F. Hopkins  Read Replies (2) of 8193
 
Rob; How come she didn't fall should be the question !
You can't expect a rally on days like today, Fund Managers
had both hands full trying to get out of the bigger tech stocks
that "were falling"..when the top 10 tech stocks all just about go
down F.Ms. don't have time to buy stuff..it's all about how to
lock in their profits..in case you didn't notice
this was a bloody day for BIG cap techs..and BIG cap means they own more shares of them and damm well better cover their butt.

Had this issue gone up today I would have been shocked..go look
at the SOX and PSE index. The fact that CRUS held her ground
and even gained 1/8 while the majority were sinking says a lot
for her. The way the tech sector got hit I expected CRUS to
dip some more than it did , and sort of wish it had have as
I have a standing order to buy more if she ticks to 10-3/4.
And if I'm right she might as I see the market may be down
tomorrow if not, then by Friday..but when the smoke clears
this is one that's going to fly. Every one get took down a
little when the tide goes out..how come CRUS didn't fall
should be the question.
Jim
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