CIRRUS LOGIC INC (NASDAQ:CRUS), Down By 16.63% ($2.80) From $16.840 After BUYINS.NET Report Predicted Stock Would Go Down Due T
June 8, 2011 / M2 PRESSWIRE / BUYINS.NET, www.buyins.net , a provider of unique trading technologies, released a report on Monday, April 18th 2011 stating that CIRRUS LOGIC INC (NASDAQ:CRUS) was expected to go Down due to the Bearish conditions presented in the following report. Click here to view the BUYINS.NET report: http://www.buyins.net/releases/?sym=crus&id=161083
At the time this story was written, CIRRUS LOGIC INC (NASDAQ:CRUS) is Down By $2.80 (16.63%) since the BUYINS.NET report was released.
The movement of stock prices in the days and weeks leading to and following specific fundamental or technical events may follow a predictable pattern. Many companies stock price histories show random or unpredictable movements around certain events. But some seem to repeat the same pattern quarter after quarter, year after year. We use powerful computers to uncover those events and correlations to generate predictions with high probabilities of generating very specific returns within very specific time periods.
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CIRRUS LOGIC INC (NASDAQ:CRUS) - Cirrus Logic, Inc. develops high-precision analog and mixed-signal integrated circuits (ICs). The company offers analog and mixed-signal audio converter and audio digital signal processor (DSP) products, which include analog-to-digital converters (ADCs); digital-to-analog converters (DACs); chips for integrating ADCs and DACs into an IC; digital interface ICs; volume controls; and digital amplifiers, as well as audio DSPs for consumer electronics applications, such as A/V receivers, digital TVs, and CobraNet ICs and modules for networked audio applications. Its audio products are used in various consumer applications, including audio/video receivers, DVD players and recorders, home theater systems, set-top boxes, MP3 players, gaming devices, sound cards, and digital televisions; professional applications comprising digital mixing consoles, multitrack digital recorders, and effects processors; automotive applications, which include amplifiers, satellite radio systems, telematics, and multi-speaker car-audio systems; and networked digital audio applications. The company also provides high-precision analog and mixed-signal ICs for energy control, energy measurement, and energy exploration applications; ICs, board-level modules, and hybrids for high-power PWM and power amplifier applications under the Apex Precision Power brand name; proprietary products, which include ADCs, DACs, linear amplifiers, PWM amplifiers, successive approximation register converters, and amplifier ICs; and system reference designs. It has operations in the United States, the Peoples Republic of China, the European Union, Hong Kong, Japan, South Korea, Taiwan, and the United Kingdom. The company sells its products through domestic sales force, external sales representatives, and distributors. Cirrus Logic, Inc. was founded in 1984 and is headquartered in Austin, Texas.
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