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: ted quinn who wrote (5481)	4/2/1998 5:20:00 PM
From: Calvin Scott	Read Replies (1) \| Respond to of 8193

Ted, Although you have stolen some of my (OK all) thunder, thanks for putting it as eloquently as you did. I on the other hand, get way to emotional. You are right five cents or fifty cents one way or the other just really doesn't matter! Calvin Scott

To: ted quinn who wrote (5481)	4/2/1998 7:30:00 PM
From: kvogel	Respond to of 8193

Ted, Great analysis. Management is at least as important as technical products. There are so many wires where the techies discuss all the new technology but the stock languishes. The bottom line and the company's ability to paint a consistent picture to analysts is what counts to an investor. Karl

To: ted quinn who wrote (5481)	4/3/1998 1:31:00 AM
From: The Gambler	Respond to of 8193

I agree with the first part of your post, but the second part. Probably lots of folks on this thread have been in this for quite awhile incl. you(?) and hope the stock will turn around quickly just because a big investor bought a big chunk of shares or they just run out of patient. You wrote "Like all of you who invested in CRUS, ...". FYI, I made money on this LY. I think the stock is under consolidation right now, folks who want to get out are getting out and those who want to own it are buying for a longer term. It will break one way or the other, and I happen to believe it will break to the upside.

To: ted quinn who wrote (5481)	4/3/1998 2:33:00 AM
From: Schiz	Read Replies (2) \| Respond to of 8193

You say that Mr Teo made a bad investment in CRUS because it is well below what he bought it at just a few months ago. If I believed that Mr Teo bought the shares under the assumption that he would sell them for a profit in a few months I would agree with you. However, I highly doubt this is the case. Investors don't pour 100MM into a company to make a quick buck. It is very possible that Mr Teo did make a poor investment but to say that now is VERY premature. I agree that there are concerns with management but I don't think that the street thinks that management is incompetent. The whole semi industry is down. CRUS may be down a little more than the others but it's not like it's wallowing in the depths of hell when the other semis are taking off. I wouldn't say that you are wrong, I just think you may be jumping to conclusions. I'm not sure what you mean when you say it doesn't matter if the company makes .50/share. Perhaps you exaggerated a little bit. Obviously the company will not make .50 this quarter although they more than probably won't be much below this for FY98. If they can make .11 this quarter and .11 next quarter, .15 the next and then .20 then .30, there is absolutely no way that the stock will still be trading for 10$. Yes they have something to prove so let's give them a chance to prove it.

To: ted quinn who wrote (5481)	4/4/1998 7:18:00 PM
From: Phantom Dialer	Read Replies (1) \| Respond to of 8193

Dear Mr. Quinn, I have read your posts, and quite frankly I don't think you get it. Alfred Teo has something you or I do not have--respect from institutions. Maybe Arnold won't be able to overthrow the board on his own, but at least he's mounted an attack of some sort [i.e. throw the bums out]--representing "the little people". I do not think Arnold or Teo are naive people, nor do I think the rest of us on this board are for investing in Cirrus. Just how hard do you think it would be for Mr. Teo to get the institutional support around him if he launched a proxy? Looking at the charts you don't need a PHD to see that most everyone holding Cirrus is losing money.... he would have my vote, and probably everyone else's if he does and he would win EASILY. But, Mr. Teo has to reach his "breaking" point [hopefully soon]...once he does, that's when the action will happen...in the meantime, as long as the company stays on track I think we will fare pretty well. Later The Dialer