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

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To: larry pollock who wrote (2361)6/21/2000 6:46:00 PM
From: rakitup   of 2694
 
No, I don't suppose I should comment because I haven't followed IDTI closely, although I know it is a more widely touted issue. I just like the cut and dried opportunity CY represents if you wait for the buy stop, which I now have moved to 52 3/16 with a target price of 68.

I certainly like the looks of the IDTI chart and would be a buyer as long as it doesn't penetrate the upper or lower band of its trading channel. As long as it stays in this channel one can buy the dips and ride this trend, which is very nice.

Remember though, "Never" sit on a spike!

From your DD, does IDTI have a bluetooth connection? I think but am unable to prove a strong connection exists with Cypress. I'm still working on the data source for more details.

Rak up a winner
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