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Technology Stocks : CRUS--"Shorta's Paradise"
CRUS 129.74-1.2%Nov 4 3:59 PM EST

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To: johnd who wrote (1)12/31/1996 2:10:00 PM
From: ted quinn   of 44
 
Another good day. CRUS drops like clockwork. Day after day afer day. No bounceback. Because:

There are 36 companies competing in the 3D chip market. CRUS couldn't compete when there were only a handful of companies.

Just in the past week, CRUS has lost $100 million of market value. Obviously, investors are scared out of their minds to hold this stock.

Every stock in the data storage business having amazing gains. CRUS is near a 4 year low. Could there be something fundamentally wrong with CRUS?

They have sunk billions into fabs to make low-price commodity chips.

CRUS never grew from the inside--it only increased revenues by buying other companies; now it is reversing the process, selling off the company.
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