Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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: Sjp who wrote (5146)	2/25/1998 11:11:00 AM
From: Calvin Scott	Read Replies (2) \| Respond to of 8193

Sip, James and Big Dog, (BTW, that's what I call my driver), Come on folks, lets be realistic. I believe we have a 15 in our future but to get more mileage out of this thing something extraordinary is going to have to happen! One has to go on what is in the existing view screen. And I don't mean just Cirrus Logic's. We are still dealing with an Asian economy that is greatly influencing the high tech market. Sure Intel and all of the other "Big Dogs" (had to do it) are doing OK but even Intel has been stuck below $100 for over 6 months. This market is just not giving at the moment. Are you still living in "95 when this baby was in the high fifties? Pick just about any high tech stock and compare it to June '95. You will find that there was one hell of a roller coaster ride since and there hasn't been much to cheer about. Yeah I am sure you can point out a number of good solid winners since that time but the majority of the issues with revenues at $1 billion or less have seen pretty much the same pattern. Now everyone is looking for that 25%+ per quarter gainer. Let me give you a clue. Cirrus is not it. It may become one but until we and Cirrus start seeing some reckless abandon in this industry, expect about a 10 to 15 percent gain in the next twelve months. Am I missing something? Are you banking on a merger/buyout? I said it before and I will say it again, if you are investing because your gut tells you "something" is going to happen that will double my money than I will send you my address so you can send me your money. If you let me have it for six months I guarantee I will double it for you. Just do come knocking if it doesn't happen. Good investing, Calvin Scott