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: Frank Povoski who wrote (4897)1/26/1998 6:34:00 PM
From: Stephanie M  Read Replies (1) | Respond to of 8193
 
I thought this was good news but, if you notice (correct me if I am wrong) that the last new announcement was after the bell. I looked up SIII closing quote down 1/16 compared to CRUS. So hopefully everyone will get the news and.....

Good Trading
Steph



To: Frank Povoski who wrote (4897)1/26/1998 9:49:00 PM
From: richard surckla  Read Replies (1) | Respond to of 8193
 
Frank,

I think that CRUS had S3 by the short hairs for patent infringements. When the shit hit the fan with S3 I think that a deal was about to take place between CRUS and S3 on a buyout of CRUS' graphics division. Since that never came to pass, and because of S3 present problems and financial position, I think this $40 Million deal and cross-licensing was the best they could do short of an lengthly and expensive legal process. I think we still have to see how Intel fits into all of this with their supposed "infringement of CRUS'" patents. Just speculation!

Also I don't believe more than one analyst has has looked at CRUS for many months. That they just continued to carry forward their previous ratings. I have been told that analysts do this if there is no great ongoing interest in a stock that they are supposed to be following. That until there is an interest no changes are made. As for ZACKS they seem to change their position when they don't mean to. Refer back to my Post of Jan 6 (?).



To: Frank Povoski who wrote (4897)1/27/1998 1:17:00 PM
From: JeffG  Read Replies (1) | Respond to of 8193
 
I am not an expert, but this sounds like a way to reduce direct competition and get the most out of their intellectual property. This will allow proper allocation of resources for R & D for potential patents not covered in the aggreement. This could also provide for standardization of SIII and CRUS products within the industry as their market share should grow.

Jeff