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


To: ptrader who wrote (7509)2/11/2000 1:56:00 AM
From: ptrader  Respond to of 8193
 
By the way, CRUS has not closed this high since 12/19/96!!! Expect the stock to continue up over the next months. French is even taking about going out to "the street" to highlight the stock by the end of this quarter! If he does, expect the stock to jump! Good luck to all that are long this stock!



To: ptrader who wrote (7509)2/12/2000 5:33:00 PM
From: ptrader  Read Replies (2) | Respond to of 8193
 
There seems to be some interest in the Sony Playstation design win. Where did this info come from? Well, Dave French announced this in one of his employee meeting in the last few weeks. He did not give any details, but was very pleased with this design win. CRUS has a very deep relationship with Sony. I know of numerous design activities between CRUS and Sony. French wants to span consumer to PC to communications products for CRUS. In addition, he has alluded to some "deals" in the works. I do expect CRUS to go debt free this year with about $300-400m in the bank. This should move CRUS stock above it's high in 1995.