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


To: Sjp who wrote (4955)2/1/1998 6:52:00 PM
From: grogger  Read Replies (2) | Respond to of 8193
 
Wow, Im surprised this thread is so dead. I thought people would be going crazy about the fact that CRUS announced the buyback. I know people here have been asking for it for months. Anyway, I think it shows some confidence that the company has and that they must be in half decent shape to be able to buyback their shares. A good move. That will definitely help with earnings. Now, I would like to see at least one upgrade which we haven't seen in ages.

Rob



To: Sjp who wrote (4955)2/1/1998 9:51:00 PM
From: john dodson  Read Replies (1) | Respond to of 8193
 
Looking to get into CRUS for a short term swing (will hold longer
if need to). Seems like $10 and change could be a good entry point.

Veteran CRUS traders: is this the time to get in? I have traded CRUS and made $ before, but the last time I sold was above $20. Seems like this could be a good entry point w/ the stock buyback and all. However, I thought SIII was a good buy back at $11 and change, before it promptly dropped more than 50%!

I'm considering either CRUS or LSI. I like LSI much better longer term, but can't quite get the leverage that CRUS gives at current levels. Yeah, yeah, I know.
Good luck,

John Dodson