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

To: Gravitar who wrote (5216)3/2/1998 4:08:00 PM
From: Jamse  Respond to of 8193
 
Some more news from Cirrus:

LOS ANGELES--(BUSINESS WIRE)--March 2, 1998--@fax, formerly known as TAC Systems, makers of innovative fax solutions for enterprise networks, today announced at the CT Expo in Los Angeles that they have entered into a license agreement with Cirrus Logic Inc.
(NASDAQ:CRUS), Fremont, Calif., a premier supplier of system-level integrated circuits. Per the agreement, @fax and Cirrus Logic will develop a custom-chip based, OEM version of @fax's FAXfree Portal, a unique device that allows legacy fax equipment to be connected to the Internet and virtually free from long distance charges



To: Gravitar who wrote (5216)3/2/1998 5:03:00 PM
From: Synapsid  Respond to of 8193
 
This is good. This could be a $5M/Q contract just like that.
High volume, good margin, keeps the fabs filled. Should
help PC Product revenues over the next few quarters, along
with the IBM models.



To: Gravitar who wrote (5216)3/2/1998 10:25:00 PM
From: grogger  Read Replies (2) | Respond to of 8193
 
And we still didn't rally? What will it take?

Rob


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