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Technology Stocks : CRUS, good buy?
CRUS 139.60-2.3%3:59 PM EST
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To: Synapsid who wrote (5653)4/22/1998 5:02:00 PM
From: ted quinn  Read Replies (1) of 8193
 
Nothing to write home about in this earnings report. If not for the patent sale, would have been a huge loss and write-off. Revenue growth still feeble. The news about mass storage not great--reading between the lines it sounds like their new business in this area has dried up and won't recover til end of year. Will be tough for them to match last year's numbers in next 2 quarters. The only bright sign is big pile o'cash. Teo, where are you?
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