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Technology Stocks : CRUS...I hear buyout rumours from Rockwell..ANY INPUT!!!!
CRUS 78.00-3.6%Mar 3 4:17 PM EST

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To: Stephen G. Rutledge who wrote ()8/17/1996 1:17:00 AM
From: White Shoes   of 18
 
As a new owner of CRUS stock I nevertheless have to admit to myself that most of this Rockwell rumour stuff seems to be merely deductive logic. Damn good logic though...Rockwell _is_ looking to roll its "peace dividend" into related businesses, and you just have to look at "the sector" to conclude that two or three companies would appear to be the best, companies with a future. CRUS has a future in an exploding area --graphics--as well as with that toaster thing...there is obviously competition but they're a clear leader. I have a question for others, though. Would a co. like Rockwell prefer to 'pluck' a really battered co. like AMD...and therefore be salivating over potential further drops in price? If CRUS thinks it's getting taken over then the stock is $25 next week. If it doesn't take off soon then there probably is no takeover. We'll know in a week is my guess. (Big moves=takeover not just idle speculation.)
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