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Technology Stocks : CRUS, good buy? -- Ignore unavailable to you. Want to Upgrade?


To: ted quinn who wrote (6975)6/8/1999 12:47:00 PM
From: Terrapin  Read Replies (1) | Respond to of 8193
 
ted quinn as I live and breathe! Very good to hear from you!

I hope you are right that the music news is moving the stock. One could argue that it is trading within its $7-$8 range. I am still long (avg price $7) so I hope the news will bump us above $8 for the close. Lots of new product announcements but no news on the restructuring.

If I may ask, do you still have a position?



To: ted quinn who wrote (6975)6/13/1999 2:11:00 PM
From: The Gambler  Read Replies (1) | Respond to of 8193
 
>> could there be some synergy here as CRUS launches its boat on the internet music wave? <<

That is a possibility as CRUS is among the best in this new technology and since that announcement there has been a light accumulation on the stock. As to whoever is accumulating it, he/she is doing it carefully.
We'll see what will really happen at the end of the second half of this year. As you said it >>stay tuned<<.



To: ted quinn who wrote (6975)6/21/1999 5:10:00 PM
From: Terrapin  Read Replies (1) | Respond to of 8193
 
Press Release on the IBM Fab Deal:

biz.yahoo.com

No news on Lucent deal.
Must take another charge; amount to be announced july 21st.
IBM assumes full control.
CRUS' capacity obligations will be re-sized.