CRUS, good buy? Message Board

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Technology Stocks : CRUS, good buy?

CRUS 123.81

+1.6%

Dec 5 9:30 AM EST

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To: Frank Povoski who wrote (5445)	3/30/1998 12:40:00 PM
From: JeffG	Read Replies (1) of 8193

Hi All: It's been a while since my last post, but I have been keeping in touch. Concerning the price of CRUS (I am also a long term shareholder) I believe we are seeing sector rotation now. The techs are being sold and consumer growth stocks (KO, PEP, retailers, construction, etc.) are being bought. Tech used to be very cyclical, but not so the last few years. When WS realizes that PCs are here to stay and low cost PCs will only have a short term downward impact on earnings, the techs will move up. I think CRUS will move also given the current fundamentals, their restructering and future products in the pipeline. I expect a rise in late May and through August with some volatility. Look sharp in October as fund managers rotate out of those volatile techs to prepare their portfolios for scutiny and lock in gains or minimize losses. Jeff

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