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


To: Toni Wheeler who wrote (7050)7/27/1999 11:07:00 PM
From: Benchman  Respond to of 8193
 
What does anyone think of this acquisition? More importantly I wonder what the street will think of it. We have been beaten down a little bit here in the last week or so.

I almost bought more shares at 7 3/4 today, but decided not too, since that would have made CRUS about half my portfolio.........I have to be a little bit diversified <gg>

B



To: Toni Wheeler who wrote (7050)7/28/1999 3:16:00 PM
From: Jong Hyun Yoo  Respond to of 8193
 
Crus is moving nice today. I guess the news of acquisition is
being well received by some investors. IT appears as though
Crus is making good efforts to really focus and intensify the
core business, which is something that CRUS failed to do for a
long, long time.

Right now, mass storage business is down causing slower than
expected revenue growth for CRUS. HOwever,this down turn in
the mass storage business force diskmakers to turn to more
integrated solution like 3CI's chip to bring down the cost and
maintain the gross margin of the product. It will take a couple
of more Q's for CRUS stock to move but I think we really have seen
the bottom of this stock.