CYPRESS Semiconductor (CY) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : CYPRESS Semiconductor (CY)

CY 23.82

0.0%

Apr 16 5:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: raven who wrote (1540)	11/29/1997 10:25:00 AM
From: Filippo Zucchi	Read Replies (2) of 2694

I pulled the following from CY's 11/15 10-Q. IMHO this should be an excellent indicator of price movement during the next 6 months. "In October 1997, in conjunction with its authorized stock repurchase program, the Company sold put warrants through private placements. The Company has a maximum potential obligation to buy 2.0 million shares of its common stock at an aggregate price of $22.0 million. The put warrants have various expiration periods from January 1998 through April 1998. The Company has the right to settle the put warrants with cash or settle the difference between the exercise price and the fair market value at the exercise date with stock or cash." Also, I checked Insider trading history: it looks like if you trade with TJ you hardly ever go wrong: he recently bought 100000 share at $11.125. He had previously sold 100000 at around $17. Comments welcome.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next