do you realize what you have just said. "the stock is as cheap as Crus" are you sober my friend. as i said last week. what the hell are you doing here with your comments. its obvious you do not own the stock and have hot balls for the company. only shorts have that M.O. or someone who got his #$%$ fired from Cirrus and cannot handle the success of the company.
and perhaps we should mention the tiny little problem that CRUS derives 90% of its revenues from AAPL, can be outdesigned at any time and even if they manage to keep the relationship this will come at the expense of margins. Finally they are have to pray that these AAPL products become megasellers.
CRUS is one of the worst long term holdings I can imagine at this point as the risks outweigh the chances easily. It's just an unnecessary risky way to bet on Apple. Buy AAPL instead.
While a bad long term holding the stock is a great trading vehicle which is quite easy to read. Stock has settled after some days of intense pressure (which made me money on the short side) and starts to bounce a little bit - picked some up at $32 and will sell them for $35 this week.