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Technology Stocks : CYPRESS Semiconductor (CY)
CY 23.820.0%Apr 16 5:00 PM EST

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To: cbstock who wrote (1236)8/10/1997 6:04:00 PM
From: Crossy   of 2694
 
Cbstock,
on Friday the DOW & SP500 clearly had a bad impact on the NAZ small & midcap section. They should continue to outperform their bigger counterparts during the next hafl year IMO.

Regarding CY, I also found out that Merril Lynch is actively recommending CY since May/June. I personally think that computer box sales are underestimated by far. Statistics should be out soon and the market will have to face this -. for us quite pleasant - music another time.

Also, fab capacity seems to be getting scarce soon. CY and many other fab-owning entities should be given a close look just because of this alone (pure fab plays: TSMC in Taiwan, Tower Semi traded on NAZ. etc).

best wishes,
CROSSY
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