I agree. Jason's guidance or comments previously were than margins in the future would be in the mid 40% range. Unless margins used to be in the 60% range and this is seen as a last hurrah, the selloff is overblown.
Nevertheless what CRUS needs to do is develop new products and new markets.
Intel (INTC) has backed out of its TV product, so that leaves only Apple to redo TV. May be there will be a CRUS audio play to Apple's product.
A agree with you....the sell off is over done. I sold mine before earnings yesterday fearing a sell off.....but bought some back at 21.05 today. If we go lower, I would buy more. I've been trading CRUS for a long time and I'm comfortable with that position.