Conference nyoss1::market_investing

	Some analyst or firm has down-graded 5 tech. companies, one
	of them being Cirrus (another being Applied Materials, and
	I can't recall the other 3).  The analyst/firm also gave
	a bleak or weaker outlook for PC sales.

	CNN HN also mentioned something else about Cirrus (maybe
	earnings estimates or actuals?).  This stock looks attractive!

Symbol        : CRUS         Exchange    : NASDAQ
Description   : CIRRUS LOGIC INC                             
Last Traded at: 29.2500      Date/Time   : Nov 07 10:32:00
$ Change      : -11.5000     % Change    : -28.22  

Volume        : 1098500      # of Trades : 3382     
Bid           : 29.1250      Ask         : 29.2500  
Day Low       : 28.1250      Day High    : 31.0000  
52 Week Low   : 10.5000      52 Week High: 61.1250  

    .0> I think they are a storage (er, like memory) company.   
    
    For some/more company info see their web page at "http://www.cirrus.com".

    HP is dumping Cirrus Logic for S3 in their PCs (or so rumor has it).
    HP was a major customer.

> HP is dumping Cirrus Logic for S3 in their PCs (or so rumor has it).
> HP was a major customer.

	Yup, the CNN rumor was that Cirrus's reported that an upcoming
	Q's earnings will be lower due to one of it's bigger customers
	reduction in orders.

	NBR tonight confirmed that, but was unable to confirm who the
	customer was (rumor was it would of been even Intel itself).

	So HP is dumping Cirrus as a chip supplier, and for a while they
	are at it, is also rumored to be thinking of buying Apple!  HP
	is very busy!

    I believe that I read in the Wall St. Journal today that the
    big customer was Intel and that Intel had an oversupply of their
    product. Somehow Packard Bell is involved as well with this
    whole episode.
    

    So we're not selling enough AlphaServer 1000's with Cirrus Logic's
    graphics chip on the mother board ! ??
    
    Cheers, P. ;-)

    They are also aggressively expanding with plans to be in the $5 bil.
    range in the next few years.  The have expanded aggressively in the
    last year and 1/2.  From a Cirrus employee, he expected it to go down
    to a low of around $20.00.  I believe they are also looking for a
    foundry to partner with.  
    
    Brian

    Anent .8:
    Cirrus is strongly rumored to be a potential partner in our
    very own wafer fab here in Hudson.
    
    -Jerry

    If they were, what would that do to ours or their stock if anything?
    
    Brian

>     Cirrus is strongly rumored to be a potential partner in our
>     very own wafer fab here in Hudson.

	You shouldn't of kept the rumor to yourself :-)

Symbol: DEC (DIGITAL EQUIP CORP)
Last Trade: 53.7500, Change -3.7500 (-6.52%) at Nov 14  5:01:17
Low/High: 53.7500 / 57.3750 (spread 3.6250)
52 Week Low/High: 31.1250 / 59.8750 (spread 28.7500)
Volume/# of Trades: 2449700 / 789 (3104 shares/trade)

Worldwide News                                                    LIVE WIRE
+-------------------------------------------------------------------------+
| Digital, Cirrus Logic sign agreement to ...         Date: 19-Dec-1995   |
+-------------------------------------------------------------------------+
    
              Digital, Cirrus Logic sign agreement to enter into 
                   semiconductor manufacturing relationship 
   
         Digital and Cirrus Logic, Inc. of Fremont, Calif. today 
   announced that they have completed a memorandum of understanding to 
   enter into a semiconductor manufacturing relationship to produce wafer 
   products at Digital's state-of-the-art Fab 6 facility in Hudson, Mass. 
         Under the arrangement, Cirrus Logic will provide approximately 
   $355 million of leased equipment financing and fixed payments to 
   maximize the capacity of Fab 6.  Cirrus Logic will have a take-or-pay 
   contract to purchase wafers manufactured by Digital, primarily using 
   Digital's leading edge, 8-inch CMOS technologies.  The contract will 
   have an initial six-year term and will have provisions for renewal. 
   The transaction is subject to execution of definitive agreements and 
   final approval by the Boards of Directors of both companies.
         Digital's Chairman Robert B. Palmer commented, "We have 
   evaluated a number of opportunities to optimize our investment in our 
   world-class facility in Hudson and we are very pleased to enter into 
   this agreement with Cirrus Logic.  This arrangement will preserve 
   Digital's capacity requirements and provide additional guaranteed 
   capacity for Cirrus Logic.  The result will be reduced manufacturing 
   costs for both companies."
         Michael L. Hackworth, president and chief executive officer of 
   Cirrus Logic, noted that the manufacturing agreement with Digital will 
   support his firm's phased expansion program to build a world-class 
   manufacturing infrastructure.  "Over the next five years, we intend to 
   build a manufacturing capability to serve the opportunity created by 
   our product and technology investments." 
         Cirrus Logic is a leading manufacturer of advanced integrated 
   circuits for the desktop and portable computing, telecommunications 
   and consumer electronics markets.  The company applies its 
   system-level expertise in analog and digital design to innovate highly 
   integrated, software-rich solutions.  Cirrus Logic has developed a 
   broad portfolio of products and technologies for applications spanning 
   multimedia, communications, mass storage and data acquisition.






                      FOR DIGITAL INTERNAL USE ONLY 

Symbol: CRUS (CIRRUS LOGIC INC COM)
Last Trade: 26.5000, Change 1.1250 (4.43%) at Dec 19  4:02:09
Bid/Ask: 26.3750 / 26.6250 (spread 0.2500)
Low/High: 25.1250 / 26.8750 (spread 1.7500)
52 Week Low/High: 10.5000 / 61.1250 (spread 50.6250)
Volume/# of Trades: 1664600 / 1562 (1065 shares/trade)

                Prior                                                  
                Close      Open      High      Low      Close  Change  
         DEC    57 1/2    58 7/8    61 7/8    58 1/2    61 5/8 +4 1/8