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: ronco who wrote (1269)	8/27/1997 1:15:00 PM
From: jelrod3	of 2694

Dave, I don't know whether I'll accumulate more or not...but I'm becoming more and more skittish about the market as a whole. It seems to be drifting down and down and down as each day passes. Yet, there is no real good reason for this...so someone is doing some serious selling of positions daily. Will we bounce back up? Don't know, but the fellow from Yale today on CNBC's "inside Opinion" show certainly painted a gloomy picture of 30 to 40% down over the next few years as historical mkt trends and norms return....So, I'm carefully watching all of my positions, and may head for the sidelines in selected positions for awhile in order to reassess, and live to fight another day. I'm bothered by the fact that CY has not moved much in response to the recent Morgan Stanley upgrade...this is troublesome. Are you aware of any other upgrades/positive comments??

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