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


To: Jay Taylor who wrote (6029)6/30/1998 11:17:00 AM
From: Don Hurst  Respond to of 8193
 
Some guy named Frenkel, a money mgr, plugged CRUS on Stock Talk on
on CNBC this am; about 45 minutes ago. He said that CRUS had 500 m
cash, was trading at book value and had good start with the computer on a chip technology. He also said it would be 18 to 20 in 8 weeks, but he throwing out comments like that about other stocks too. Hard to believe this could have caused a big jump but what else happened?

Regards,

Don



To: Jay Taylor who wrote (6029)6/30/1998 11:17:00 AM
From: fut_trade  Read Replies (1) | Respond to of 8193
 
Can you say "sucker rally"?



To: Jay Taylor who wrote (6029)6/30/1998 11:17:00 AM
From: RWILL  Read Replies (2) | Respond to of 8193
 
I jut saw on TV, Paragon Investing is stating CRUS to be at 18 to 20 in 8 to 10 weeks. He is crediting new chip and new officer as for price rise. I hope he is right.
Good investing to all
RGW