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: jelrod3 who wrote (1304)	9/18/1997 1:53:00 AM
From: Alan C. Zezula	of 2694

Thanx jelrod3 for the TA. It certainly makes for a good case as to why CY hasn't made much forward progress in the long run. My current quote system shows a P/E of 102.5 as of today with the stock @ 15 7/8 + 1/2. That's a bit pricey by even my standards. I too have been peeling off my shares and have 400 left with an average cost of 14 1/2. I agree with you that maybe short term trading can defray some of our past losses. I'm just not too sure what would propel CY upward except that it seems to have a mind of its own as wittnessed by today's performance vs. yesterday. I just hope it takes another run at 19 short term so I can ditch my calls. Good trading to all. Al

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