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

To: Calvin Scott who wrote (6066)	7/6/1998 1:10:00 AM
From: cbstock	Read Replies (2) \| Respond to of 8193

I know that they have bought some stock but I think that many companies will use a lot of the money to boost the price by scaring the shorts and canceling the in the money puts. I don't think they have spent a lot on stock repurchase yet. ...This is a stock that the street has loved to hate but the shorts are starting to get nervous and beginning to take profits. The more nervous they get then the more the stock will move....All the emotional postings about the stock going to 5 were "of course" shorts just wishing....Many short sellers are worse that longs in trying to squeeze the last 1/8th out of a position and they really get burned...The big momentum players really look for large short positions to prey upon...Just look at the internet stocks!!!! I suscribe to EE times and there are big changes taking place in the semi industry....Either CRUS will make a profit or merge or be bought....Hackworth will not survive in this new era!! JMO Regards cb