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


To: Sherman Chen who wrote (5113)2/20/1998 8:46:00 PM
From: Calvin Scott  Read Replies (1) | Respond to of 8193
 
Sherman,

I do not know for a fact whether or not they have actually bought anything of late. But it sure makes sense that they do.

Talked with a few of my old chums at Cirrus today. Seems like they too have heard all of the rumors. Mostly the same ones that have been floating around over the last few years.

Mostly, Cirrus is running a tight ship, keeping their nose to the grindstone and focusing on profits. I like that. If there is a suitor out there in the wings....I like that too. But, to speculate on a stock with the hope of a buyout is the wrong reason to invest in it. My reasons are for the obvious. Earnings, performance, market strategy, expertise in what they do...yahdee yahdee yahdee.

Have a great weekend and for all of you YAHOOS..... Better luck next week. Maybe the Peoples Republic of China will make Cirrus an offer that they can't refuse!

Well it sounds as good as some of the crap you guys are touting over there!

Calvin Scott