SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : CRUS, good buy?
CRUS 121.42-0.3%3:59 PM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: cbstock who wrote (5589)4/16/1998 11:11:00 AM
From: Frank Povoski  Read Replies (2) of 8193
 
It's day will come. The market is a strange place and that is why they call it a market. Why does a company called Copytele (copy) have a market cap of 310 Million and has never sold a product in it's 13 years of existence. Teo did not buy this company to lose money but he could have made a mistake. The interesting thing is he now owns enough stock to correct the problems with Cirrus and run it like it should be run. The man is not stupid, since stupid men usually do not amass the wealth he has. Johnd in a earlier post (I remember him being emotionally positive about the stock), gave us his rather sad past few years. I would not sell this stock here in a million years since it will be up 50% before you can blink one day in the very short term. Johnd did the worst thing an investor can do and that is become emotional or attached to a stock.
I am underwater on crus as are most people but I continue to average down since it is relatively low risk here and has the potential for a huge upside move. Did any of you own the stock in 1995? The movement of the stock to it's all time high amazed me, as does the low price now. It is a market of extremes and the way to make money is to play those extremes. Teo will make this stock be $15 this year and $30 next. This is my opinion though since I do not have a crystal ball. (If I did I would have bought Ktel Monday and sold it yesterday)
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News