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Technology Stocks : Cirrus Logic

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From: Park McGraw	12/9/1995 3:54:00 AM
	of 110

crus is a sell in by book, and i'm glad i've left. the greatest margins are with the higher end 64+ bit video chips and their bulk buyers in the past, like IBM, are or have jumped ship. that leaves packard bell as crus's big buyer, and packard bell due to high inventory (slow sales of 486's, and p5-75's)has converted a 400 mil. late debt payment to intel into an IOU kind of loan. sorry intel. Also CRUS has failed to make in roads into the next generation of video chip sets and will probably be an average to below average performer for the near future.

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