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Technology Stocks : Cirrus Logic

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To: Matt Smith who wrote (71)12/27/1996 5:45:00 PM
From: David Russell Coburn II   of 110
 
Matt,

I am a electronics designer and believe that Cirrus made and will
continue to make very high quality products as far as their video
chips are concerned. They are late coming to market with their
Laguna 3D chips but most of the news I've read on the parts show
that they far outperform the S-3 parts. I believe their are two
ways to invest in Cirrus. The 96 volatility suggests that it is
possible to buy on a low around the current price ($16) and sell around ($20 - $24) if you are so inclined. I own Cirrus and believe
it will be back strong within 12 to 18 months. My calculations show
a possible low price of $12.95 with a possible high of $54.80 through
1998.

David C
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