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

To: Calvin Scott who wrote (5955)	6/16/1998 5:50:00 PM
From: Sjp	Respond to of 8193

"but I am hoping for a base hit or at the least, a base on balls." Personally, if drilling him with a fastball to the head gets him on base, I'd be happy.

To: Calvin Scott who wrote (5955)	6/16/1998 10:54:00 PM
From: James Harold Alton	Respond to of 8193

Calvin, Interesting news release, thanks for the expansion. It sure was a nice day for CRUS. Not only did the free fall of the stock price finally stop it looked like there might have been some short covering. today. Not surprisingly, there has been a growing short position in CRUS, the last I read the short position in May was 3,470,495 shares, which based on an average daily volume of 1,268,226 would equal 2.74 days at this volume. Every other small beat up tech I am following also moved up nicely today as well. I believe it's being realized that the Asian concerns while valid have been over reacted to. Hopefully this means that this sector will continue it's rally and return to a reasonable valuation. James

To: Calvin Scott who wrote (5955)	6/17/1998 12:57:00 PM
From: Terrapin	Respond to of 8193

Hi Calvin, Thanks for the response and feedback. I should have said that I was talking about the US market where I had assumed about 50 million PCs and somewhere between 125-150M homes passed by cable. The number for cable came from discussions on some of the cable stock threads and I am looking for a more reliable source. Either way a conservative estimate would be twice as many cable boxes as PCs (agreed?) and therefore a very large market. These devices may become as common as, well, cable boxes :) and will likely include DVD and VCR-type functions. There is a lot of talk about the day-to-day movement of the stock price but I don't think that is relevant for those looking to hold until these new markets mature. I will admit that my main reasons for buying back into CRUS is there aim towards these devices and the nebulous Teo factor. I am not hoping for a homerun (although I will accept one!) and I would have bought more if not for Hackworth et al. I am open to mergers but I have no information on any - just hunches. If Compaq and Digital can get together then why can't CRUS and a set-top box/internet appliance maker? I am hoping that Teo is thinking along these lines as well. I also think that all bad news is factored in and therefore the only downside risk (IMO) is that my money sits while the market advances (an experience I've endured with this stock before!). Again, thanks for the response and any information about the board that comes your way, John

To: Calvin Scott who wrote (5955)	6/17/1998 7:02:00 PM
From: w molloy	Read Replies (1) \| Respond to of 8193

Earnings. To all : I'm concerned about the slew of warnings being issued by various chip companies over the last couple of days. What are the chances of CRUS not meeting the current EPS estimate of $0.02? If CRUS were going to issue a warning, when would they do it? (sooner? later? never?....) Any more news/rumors concerning CRUS taking a one off charge and dumping their fab obligations? w.

To: Calvin Scott who wrote (5955)	6/24/1998 3:34:00 PM
From: Terrapin	Read Replies (1) \| Respond to of 8193

Got this from an article at CNET.com. It is in direct reference to the TCOMA/T merger and its effect on ATHM, however it alludes to a market that Cirrus is targetting. Aside from Teo's possible motives on the breakup value of CRUS I have a hunch he saw this coming: "AT&T, however, sees @Home as a way to help provide what the industry calls the elusive "last mile" of connectivity to its customers for Net access and phone service. Although still in the embryonic stages, @Home is helping to develop the next-generation set-top television box(!!!!) that is supposed to become the "network hub of the home,"(!!!!) offering TV as well as video on demand, in addition to email, Internet browsing, and telephone connections.(!!!!!!!!!)" A set-top box as a home network hub. This will eclipse PC ownership as families opt for different combinations of the above services. Word from the tech people is that Cirrus has always had some of the best technology; hopefully Teo can place the company (and us) in the proper strategic place to get our chips in these boxes and devices. I agree that management has fumbled badly but the market they are aiming at is enormous. John