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

To: Calvin Scott who wrote (5106)	2/20/1998 12:11:00 PM
From: Frank Povoski	Respond to of 8193

Hey Calvin, A couple observations about CRUS and this thread. 1) Thread Message volume is up greatly recently, along with a bunch of new people. This is a good sign. Seems like much new interest in the stock. 2) Takeover? But the question is by who. Who has the cash right now. TI - be a nice additional to their MS, but highly aligned to DSP market. Intel I don't think they want CRUS. Rockwell might fit. Phillips or SGS. Possibly Recent talk indicated S3 but they have cash problems. 3) I think the problem with the stock is the Mass Storage slowdown over the next couple of quarters is keeping the upgrades limited and MF and institutions out of the stock until visibility improves. The Asian exposure, tight price in audio, and the Sys-on-chip unknowns are also limiting upside. Given a few months these will be resolved and we will see new buyers step in.

To: Calvin Scott who wrote (5106)	2/20/1998 12:22:00 PM
From: Chi Pan	Read Replies (2) \| Respond to of 8193

Calvin, judging by this morning's price action-->there is no takeover!

To: Calvin Scott who wrote (5106)	2/20/1998 9:29:00 PM
From: john dodson	Respond to of 8193

Several posts have said that CRUS is buyout bait. Why? Just because CRUS is trading for $10 and change, and they have $6-7 in cash per share doesn't a good takeover make. For instance, look at Novell (NOVL). That company's got over $1 BILLION in a big cash hoard, and growing. They are not currently a good takeover, in spite of semi-annual rumors to the contrary. Reason? They're business has been eroding for years, and is accelerating. Sure they keep introducing new products that never seem to become flagship products to pull them out. How is CRUS any different? Sure the share price is low, and they have some good assets, but what is it about CRUS that any company would want? They sold lots of their patents, they're transitioning out of their previously flagship business (pc graphics) into new territory. With that risk, what is so compelling that a suitor would want to spend over $1 billion to purchase? BTW, I do own some CRUS now, and do think it can bounce to $15 or so. However, I do not think that it's rediculously undervalued. Good Trading All, John Dodson