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Technology Stocks : CYPRESS Semiconductor (CY)
CY 23.820.0%Apr 16 5:00 PM EST
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To: Tom Simpson who wrote (1286)9/5/1997 8:52:00 PM
From: Frank Roso   of 2694
 
Here is TJ's formula for success with CY stock
He calls it the P/S ratio.
The formula is:

# of shares x share price divided by 4 x sales of previous quarter =P/S ratio
If P/S is 4.5 it is a good sell
If P/S is 2.75 okay to sell, better to hold
If P/S is 2.23 stock is highly valued
If P/S is 1/7 stock is a good buy

Buy when the P/S is below 2.25, sell only when P/S > 2.75
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