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Cirrus Logic Inc. Message Board

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  • hageneriksson hageneriksson Nov 15, 2012 1:14 PM Flag

    Why would anybody sell at this level???

    what are they based on?

    and how much did you discount due to the fact that basically all of the revenues are derived from Apple ?

    CRUS is probably one of the stocks with the worst risk-reward ratio in the market these days. They only win if they continue to boost Apple sales (which they won't as first quarter 2013 already shows) at a huge rate. But that's not enough - they will have to drive back up sinking margins pretty soon - which they won't either as management admitted on the last call.

    But the worst thing is they don't have their fate in their own hands as they are a complete hostage to Apple and will have to accept whatever Apple dictates.

    I really don't know who wants to own a stock with characteristics like these.

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