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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: Phantom Dialer who wrote (5228)3/4/1998 11:31:00 AM
From: Sjp  Read Replies (1) of 8193
 
You are absolutely right. Is it just me or has this stock been very predictably over the last couple months? The trading range has basically been between 10 1/4 to 11 1/8 and it has moved w/i this neighborhood at least 4 times over this period.

I think crus stock will go into the mid-teens in the near future (w/i 6 months). In the meantime, I've decided to continue to play this range and have successfully picked up over 23% in the last 8 weeks (+/- a week).

I'm now back in a 10 7/16 as of this morning. Crus is so cheap at these levels but I just don't want to park my money here waiting for this thing to finally go. In the intermim, I'm going to play this range and watch the volume very carefully.
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