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

To: Frank Povoski who wrote (4891)	1/26/1998 4:25:00 PM
From: stockbug	Read Replies (2) \| Respond to of 8193

Did they give a reason for the downgrade? It really doesn't make sense based on earnings surprise. The lowering of earnings could be based on restatement of earnings to reflect diluted earnings requirement.

To: Frank Povoski who wrote (4891)	1/26/1998 4:38:00 PM
From: stockbug	Read Replies (2) \| Respond to of 8193

From Buy to Sell: Are you saying that all 7 analysts that follow the stock per ZACKS went to a sell from moderate buy and hold recommendations. I wonder if this is a mistake since the street on the 22 was looking for a rally per the news services.

To: Frank Povoski who wrote (4891)	1/27/1998 1:09:00 PM
From: JeffG	Respond to of 8193

I don't have any statistics, but how accurate are analyst's estimates three, six or more months out. They seem to always revise them as they recieve more info. I take estimates this soon after an earnings report with a grain of salt. The traders eat this stuff up and the stock gets batttered. In the long run, I believe the stock will reward us (this year). The technology is here to stay and CRUS can be a provider. If they just hold steady and report reasonable earnings for next few quarters the stock should at least hold within a small trading range. Jeff