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Technology Stocks : Cirrus Logic

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To: NCKEV who wrote (83)	1/2/1997 9:46:00 PM
From: ted quinn	of 110

Well, here's what you've been waiting for. I've crunched the numbers and here is my forecast for CRUS' earnings. The median consensus is .10 The "whisper number" is .13 I predict they will disappoint yet again, with .07 (though they will try to cover their shortcoming with extra income from sell-offs.) When that happens, the few big shareholders left in CRUS will bail, and the price will plunge in 1 day to $8/share. Then CRUS management will strap om their golden parachutes and will engineer a buyout at $16/share to another company. If you look at the numbers, that is all the company is worth. Here's an incentive to all of you out there: if CRUS beats the estimates by a good margin, say .15/share, then I will refrain from posting on the CRUS threads in the future. But they're not going to have earnings anywhere near that level, so you'll be stuck with me for quite a while, I fear.

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