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


To: richard surckla who wrote (5333)3/16/1998 1:00:00 PM
From: Terrapin  Respond to of 8193
 
I'm hesitant to jump in here but...

In my humble opinion, I think this thread has been sidetracked. Did anybody notice that CRUS got a chip in a set-top box (see Yahoo News)?

We have a talented investor who owns a sizable percentage of CRUS stock. We can infer his investing style from past holdings but we can only speculate as to his motives. Either way it appears bullish.

We have a man claiming on his web site to have communicated with Mr. Teo and hints at bullish things to come. We must take that at face value - the internet being what it is. Personally I believe we should reserve comment since this is a forum in which Arnold cannot defend himself.

We have a company that has been restructuring, changing management, producing back-to-back postive earnings surprises, and has announced its new product focus. Things do appear to look good.

However, I think we are all suffering from to little news. The posts have become quite personal and argumentative. I am not singling anybody out here.

I am long on CRUS which makes up about %10 of my portfolio.

Good investing,
John



To: richard surckla who wrote (5333)3/16/1998 1:10:00 PM
From: Terrapin  Read Replies (2) | Respond to of 8193
 
Clarification:

Here's the link to todays news from Business Wire:
biz.yahoo.com

It actually talks about Teknema having their set-top box chosen by Telenor Nextel of Norway. The Cirrus chip is in the Teknema box and that was announced on the 9th.

Sorry for any confusion,
Good investing,
John