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

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To: Paul Senior who wrote (2508)7/31/2004 9:29:49 AM
From: NAG1   of 2694
 
The thing that I thought caused the most damage to the share price was the fact that cisco might cut back on the number of chips that they used from cy. Has there been any update on this? It seemed like cy took a disproportionate hit but then there has been alot of contrary opinion on what is happening in the chip markets. Many people on both sides predicting either we are at the peak of the present cycle with others saying we are at the start or somewhere in the middle. I was looking to maybe buy more but not sure when the chip question will work itself out. To the contrary, with the election looming and the terror threat out there, I am considering raising some cash and going into more defense oriented stocks.

Neal
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