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: Ted The Technician who wrote (2437)	10/5/2000 5:12:14 PM
From: pmcw	of 2694

Ted, I don't know how to best answer your question. It is very open ended. When investing I look for what I determine to be "value." This does not mean value by traditional metrics. This means that the net present value (NPV) of all future earnings discounted by the current "risk free" rate of return (often considered the long bond rate) is greater than the current price of the stock. IMO, on any given day, the price of any stock is based on the balance between knowledge and ignorance. I decide if those that have a NPV greater than their price have a value based on ignorance or knowledge and, if ignorance, how long will it take for Wall Street to catch on. CY is broadly misunderstood. Wall Street has them pegged as an SRAM house. Their valuation is based on ignorance. IMO, their low end NPV is $60. I think TJ will do his best to clear up this ignorance, but what can you say for a bunch of clowns who trash the entire semi sector because DELL is going to come up 3% short. DELL could go out of business and it wouldn't effect CY or half the companies who fell in sympathy. Oh well, advantage to the informed. Regards, pmcw

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next