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


To: Frank Povoski who wrote (5072)2/19/1998 4:33:00 PM
From: James F. Hopkins  Respond to of 8193
 
Frank; I GOT IN @10-3/8 ;-) nice to see her tick up just after you
make a buy. From looks of late trading I'll be bidding more in
the morning chasing her up like a momentum buyer. ( which I'm not )
but I don't see her staying below 12 for long now, funds were
busy today rotating out of recent run ups & buying the larger cap tech issues..they will jump on this next..
You know now I can't remember how I stumbled on this issue, I was
not tracking her, 0-ya I was screening for low price to sales
ratio, and she poped up as one of the best in this sector..
which in it's own way makes her market leader, ( relitive to the
price you pay ) and it was twice better than the big boys, which
could well add up to someone wanting to buy her market share.
And with all the consolidation going on, that PRS ratio is
the key one.
Jim