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Technology Stocks : CRUS, good buy?
CRUS 120.45-0.7%3:59 PM EST

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To: adptrader who wrote (5299)3/13/1998 8:12:00 AM
From: Frank Povoski  Read Replies (1) of 8193
 
That was not my point, it was adptrader unfortunate trade. My point was that anything can happen good/bad with a company/stock. But when a stock has hit the bottom and based like CRUS typically the downside is limited and the upside large. CRUS is not going out of business here, and to all signs they will surprise the street. It has been nice how they have steered the estimates down (so there are no bad surprises), and by hitting the numbers the confidence in the stock will return. Now all they have to do is keep income and earnings growth +. I think you have seen lack of growth in the next two quarters adjusted into the share price now stock. IF this is not the case then we will get spikes up, if it is the case and business is truly recovering we will see much higher price in 6 month.
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