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

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To: Frank Roso who wrote (1287)9/8/1997 10:41:00 PM
From: Alan C. Zezula   of 2694
 
Ok Frank I'll bite. What is the current P/S of CY today at a close of 18 1/16 -- 8/16? Or do I detect a note of cynicism in you're formula.

For what it's worth again talked to my friend at AG Edwards today and they put out a buy on CY with a target of 23. Didn't get the time frame but last time it was for 4 to 6 weeks. 19 looks like resistance to me. If we crack that maybe she'll go.

I sold 1/3 of my CYLV calls on Fri. at 6 1/2 paid 3 1/8 on 7-28 so I have no regrets. I say you can be a bull or a bear but you should never be a pig.

Seems awfully quiet on this thread so I thought I'd put my two cents in.

Regards,

Al
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