CYPRESS Semiconductor (CY) Message Board

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Technology Stocks : CYPRESS Semiconductor (CY)

CY 23.82

0.0%

Apr 16 5:00 PM EST

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To: Jay Larrabee who wrote (1615)	12/15/1997 4:48:00 PM
From: Jeff Parker	of 2694

NEW YORK, Dec 15 (Reuters) - Gruntal & Co said Monday it lowered its rating on shares of Cypress Semiconductor Corp to hold from buy. -- Q4 results seen impacted by $5.0 million shortfall in foundry revenue. -- 1998 negative impact of Texas, Minnesota facilities switch to 0.35 micron seen at $0.05-$0.07 a share. -- Q4 eps estimate cut to break-even. -- 1997 full-year eps estimate cut to $0.20 from $0.30. -- 1998 eps estimate cut to $0.40 from $1.00. -- stock off 1 at 7-9/16 in early afternoon trading. REUTERS ************* Block trade 1,641,000 at 7-7/16, down 1-1/16, crossed by Cowen & Co. REUTERS ************** 180,000 shares at 7-3/4, REUTERS

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