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


To: Bosco who wrote (5685)4/23/1998 3:03:00 PM
From: Calvin Scott  Read Replies (2) | Respond to of 8193
 
Bosco,

Recall that I got out of this stock about three weeks ago and also, I do tend to get a little sensitive/personal/emotional with this company.

What I really meant is to say Cirrus should do one or the other. If they are spending money on Micrus because they are not utilizing the capacity, then utilize it and pull some of the orders out of Asia. Now I do not wish to imply that I know how much one or the other costs. And I do recall that their contract with Micrus does not allow Cirrus to "sell" the capacity.

The problem is that this has been a problem for quite a long time (since the summer of 1995). When is management going to stop the bleeding? Seems to me that they, Cirrus, should do whatever it takes!

Calvin Scott