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: stockbug who wrote (5875)	5/28/1998 7:31:00 PM
From: ted quinn	Read Replies (1) \| Respond to of 8193

CRUS should be rewarded?? During the boom time in PCs, CRUS barely beat estimates because the bar was so low. But Wall St. doesn't buy stocks based on past performance. They buy based on future revenues and earnings. CRUS's revenues are totally stagnant and earnings are projected to plunge over the next year. It is already fully valued at 20x earnings. Matbe Wall St. doesnt like them because they have no strategy, too many diverse products, bumbling management, pissed-off employees, low margins, no killer products, and on and on. According to all, the future outlook for CRUS is bleak. The only hope is Teo, who is in way over his head.