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


To: johnd who wrote (5930)6/11/1998 11:28:00 PM
From: DJBEINO  Read Replies (1) | Respond to of 8193
 
RESEARCH ALERT - Semiconductor firms estimates cut

The following quarterly estimates were lowered to/from:
--Cirrus Logic Inc. (CRUS - news) Q4 profit $0.03/profit $0.12

biz.yahoo.com



To: johnd who wrote (5930)6/12/1998 11:49:00 AM
From: Sjp  Read Replies (2) | Respond to of 8193
 
The only people losing money on crus right now are the ones who are selling at this level. It's one thing to sell as this level because you have no other option. It's another thing to sell at this level because of fear.

I rode crus down from 14 1/2 to 7 7/8 (or so) last year. My nads got a bit smaller on the way down but we all knew it would come back and did a couple months later (last August) to the 18 neighborhood.

Great play on msft but to all who are who've ridden this stock down: Don't make the small investor panic play and dump at this level......unless you've got a solid lead on something that is going to run.

You hit it on the head "In general small cap individual stocks (espcially, high techs)are dangerous." But for the people that have held on, the cycle always changes...usually when things look darkest.