think this will reach 22+ tomorrow after the dust settles!
I think this will reach 22+ tomorrow after the dust settles!
When a stock falls as hard as CRUS did...it obviously bakes in a lot of disappointment. But is the disappointment as much as it should be - given the stock price - is the real question.
I feel that it after a knee-jerk response, rationality will prevail and this will rise...
anybody here has any clue on how CRUS will behave going forward in the short term?
didn't really hope for this outcome after months of falling CRUS price...I still do NOT see the CRUS story having irreparable holes...some little holes that will be patched, and the hot air balloon will rise. How the market perceives this...we'll see. I still think there will be a relief rally after a knee-jerk downward action.
If it goes to 18, I will load up again!
2014 fy est was for $976 million revenue
June qtr $195 ..........now revised to range of $150 - $170....... Call it $160 million
sept qtr $237 million
Dec holiday qtr $289 million
March 2014 qtr $246 million
I still see Sept ,Dec and March 2014 ontrack with new iDevices, new tier one smartphone customers, Led lighting growth