CYPRESS Semiconductor (CY) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : CYPRESS Semiconductor (CY)

CY 23.82

0.0%

Apr 16 5:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: lamont smith who started this subject	8/7/2000 6:36:11 PM
From: Alex MG	Read Replies (1) of 2694

From Bank of America... Management Outlook: "We spoke with CY management this morning and they’re reiterating strong bookings, firm pricing and strong earnings outlook. Furthermore, they are comfortable with our "materially above consensus" Q3 estimate of 20% sequential revenue growth to $360 million and earnings of $0.64 per share. Bookings are said to be consistent with a $450 quarterly rate and turns have been well ahead of schedule. Cell phone customers are said to be pulling hard and continuing on the same strong, upward springtime slope. The latest round of cell phone "downticks" are consistent with early year revisions already given suppliers but obviously coming "as such a great shock" to investors. Once again, rather than being behind the curve, the chip suppliers are way out in front of Wall Street. So much for hedge fund columnists."

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next