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

To: thomas hayden who wrote (5340)	3/16/1998 8:11:00 PM
From: Calvin Scott	Respond to of 8193

Thomas, Not to say that Intel can't or even won't develop their own in-house capabilities in respect to the PC portion of their business but....Intel needs to diversify their product line. I could see a Cirrus/Intel buyout for all of the other technology Cirrus has; ie Mass Storage, Crystal, even some of their communications. I don't think Intel would be interested, at least not much, in what is left of the Cirrus PC business. Fact of the matter is Cirrus has lost and is loosing most of their graphics engineers to the competition. This group, once 400 people strong, is approaching a headcount of about 125. Now who do you think is left? Certainly not much talent. Maybe a few old codgers that have worked there for over 5 or 6 years and had their options re-priced to $8/share but that's about it. Cirrus' real value is in intellectual property, Crystal and Mass Storage. Knowing that, I think the FTC would still have somewhat of a problem but not as much as Chips&Tech. I don't want to beat a dead horse but any buy out at this time would bode well for CRUS simply because of the ship of fools currently running the show. JMO, Calvin Scott