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Technology Stocks : Cirrus Logic

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To: Rory Holmes who wrote (41)10/16/1996 7:20:00 PM
From: Vasu ganesan   of 53
 
Hi Rory:
Cirrus did pretty good. It reported +5 cents for the quarter ending Sept. 1996, the street expectation was -1 cent to flat. Cirrus is trading at 24 1/4 in after markets (Instinet) up 1/4 from today's close. Cirrus can do good tomorrow. Apple is dominating the after close trading. It reported a real surprice +6 cents earnings and is trading at about 27 3/4 about 2 above todays closing. Also Informix which reported a lower than expected earning is trading in Instinet about 23 someting, about 3 DOWN after todays close.
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