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

To: grogger who wrote (5220)	3/3/1998 12:18:00 AM
From: James F. Hopkins	Read Replies (2) \| Respond to of 8193

Rob; How come she didn't fall should be the question ! You can't expect a rally on days like today, Fund Managers had both hands full trying to get out of the bigger tech stocks that "were falling"..when the top 10 tech stocks all just about go down F.Ms. don't have time to buy stuff..it's all about how to lock in their profits..in case you didn't notice this was a bloody day for BIG cap techs..and BIG cap means they own more shares of them and damm well better cover their butt. Had this issue gone up today I would have been shocked..go look at the SOX and PSE index. The fact that CRUS held her ground and even gained 1/8 while the majority were sinking says a lot for her. The way the tech sector got hit I expected CRUS to dip some more than it did , and sort of wish it had have as I have a standing order to buy more if she ticks to 10-3/4. And if I'm right she might as I see the market may be down tomorrow if not, then by Friday..but when the smoke clears this is one that's going to fly. Every one get took down a little when the tide goes out..how come CRUS didn't fall should be the question. Jim

To: grogger who wrote (5220)	3/3/1998 6:25:00 PM
From: Leo J. Bourne	Read Replies (2) \| Respond to of 8193

Historical perspective? Maybe it's worth thinking about. I owned CRUS a little over a year ago, and looked through this thread pretty actively. I remember Ted Quinn predicting its spectacular fall. I got out with a loss, and was glad I did, because it fell a lot farther. What is the fundamental attractiveness of this stock right now, other than its low price? There are dozens of specialty chip makers scattered around the country. I wouldn't mind going long on stock or options of CRUS if I had some hard evidence that they were going places again. But PCs have become such a commodity market that it is difficult to predict (or care) which chip maker will have the latest bell or whistle. The end user who buys a system will generally accept whatever package is proposed by a name brand PC vendor. Based on Ted's abrasive but accurate analysis of the weakness of chip stocks in general, the future does not seem rosy. What makes CRUS stand out from the crowd?