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 : Compaq
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: rupert1 who wrote (49653)2/25/1999 1:29:00 PM
From: rupert1  Read Replies (1) of 97611
 
++++++OT++++++++

For any CRUS watches - it's getting interesting. At the R&S conference, the CEO said that there will be downward pressure on this quarter's sales, but growth in the 2nd half. He also confirmed that news will be given very soon of the disposal/deal on two fabrication plants - one with IBM and one with Lucent. If this deal is what we have been led to expect, CRUS changes immediately from a comany with a quarterly loss of about $70 million attributable to the under-used plants, to a company with very little debt, a nice cash hoard and good, growing profits.

Voluntary Disclosure: I owned it at average of $7 sold it at average of $11 3/4. I bought a nominal amount yesterday at $8 3/8ths. It is very risky but interesting if you understand the fundamentals.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News