CRUS, good buy? Message Board

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Technology Stocks : CRUS, good buy?

CRUS 121.75

-0.4%

10:36 AM EST

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To: dacoola who wrote (5540)	4/8/1998 10:50:00 AM
From: ted quinn	Read Replies (1) of 8193

Excuse me, but what solutions is Teo working on? It sounds like you can read his mind or something. I don't know Teo but I look at the numbers: he has lost 50% on his investment in half a year. What is the long-term strategy there? Why was he in such a rush to buy shares? How will he turn the compnay around? There has been nothing so far. What IS the strategy of CRUS? Make high-risk, low-price, low-margin chips for small markets like WebTV? Make audio chips for stereos? Compete with NSM and INTC for system-on-a-chip? Highly unlikely. Nor will it help the stock price go up or even get Wall Street interested in it. I challenge anyone on this thread to figure out what the strategy of CRUS actually is, and how they will stay profitable. It seems like every couple months the "mantra" on the bottom of their press releases changes, as if the company changes its focus that often. "Systems in silicon...blah, blah."

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