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 (5644)	4/22/1998 12:48:00 PM
From: Jan A. Van Hummel	Respond to of 8193

While hi-tech stocks like CRUS are relatively high-risk and therefore should be expected to offer higher returns (or losses), it goes too far IMO to suggest that one day of trading like today (a blip on the long-term chart) is symptomatic for the company's overall performance. I would venture that anyone who would have bought at 10 or below not even a few weeks ago, would be quite happy to sell today, make a 10-15% return, which annualized means close to 200%. What is wrong with that if you are a short-term player? Recognize the fact that there are stockholders with different objectives, but these are only temporary hurdles on the road to recovery. If the company is going in the right direction, the stock will reflect this sooner or later. Micro analyzing or wishing so will not make it sooner. Instant gratification can occur but it is rather the exception than the rule. JMHO Jan