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

To: Greg Butcher who wrote (5677)4/23/1998 2:54:00 AM
From: The Gambler  Respond to of 8193
 
Gregg, your acid test does not prove that the stock will go up!! The only comfort you enjoy by buying at 10, maybe, that the downside risk is now a lot less than before. Considering the projected eps. for the next FY, the stock might as well lingers between 10 and 14.

I don't think one should short it, but that's a choice each of us will have to decide. FYI, I'm long at 10-1/8 since '97. Sold most of my holdings close to 17 last year.


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