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Technology Stocks : Cirrus Logic

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To: VinWood who wrote (107)	2/26/1997 1:41:00 AM
From: Reidar L. Schopp	of 110

Everyone has become quite silent on Cirrus. I am holding a few shares, but as I do not see a recovery over the next couple of quarters, I am planning on selling all my shares and use the cash to purchase stock in a micro cap that looks to become a predominent player in health care. Hopefully, by summer, Cirrus will have their act together because it once was a great company and should be again. At this time, the timing seems to be wrong. As for those of you who refuse to sell because you purchased at $50, don't be foolish. Sell now, write-off your loss and buy back into Cirrus after 30 days. You will not miss anything and gain a tax write-off. You might even gain a long-term capital gains tax reduction! Enjoy Reidar L. Schopp

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