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

To: clark readler who wrote (4870)	1/22/1998 5:29:00 PM
From: agiak	Respond to of 8193

Iomega crashes in after hour trading!!! I wonder if the market is finally realizing the potential threat of Sony and Fuji coming into iomegas territory. Sony and Fuji are no small players when it comes to technology, just look around your house and i'll gaurantee you will find one of their products lying around. It's funny going to the IOM threads, they sound like the characters from the final minutes in the movie, the TITANIC.

To: clark readler who wrote (4870)	1/23/1998 2:18:00 PM
From: Sjp	Respond to of 8193

Nice play. I've definately expanded my investment practice in this area as well. This buy and hold for months on small volitile techs is not necessarily a smart play. I bought CRUS at 14.5 last year, rode it down to 8 +/- and held for months until I got out at 17 in October (give or take a month). In the last 2 months, I've pick up 5.5 more points by taking the short term play on 2 trades. With 3000 shares (margin) per trade, it begins to add up. Worse case scenario so far (thankfully) is that you could get stuck holding long for a longer period than you would like. This stock has been fairly predictable for the short term play which is a decent option while waiting for CRUS to take off again...if it ever does. Gain a couple points and drop. Drop a couple points and then gain a point of two...so the way this stock has gone. Watch the volume carefully.