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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: White Shoes who wrote (10)10/3/1996 1:55:00 AM
From: ItsAllCyclical   of 18
 
I'm not sure how bullish you are on cirrus. However, with a multimedia play like cirrus were not just talking computers. There will be a whole slew of new devices requiring similar functionality of computers computers coming out in the years to come. Current software sucks, anything that can be done in the way of graphics and sound will benifit cirrus. I know it's a pretty simple explanation, but I'm thinking long term on cirrus. (I'm a computer programmer, so it's not like I have anything against computers.) Cirrus will be trading over 40 within 18 months. Maybe over 60 with very little downside risk. All they need is to regain profitability. Their losses the last two quarters were related to inventory correction, not some fundamental problem with their business strategy.
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