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

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To: John Ritter who wrote (1605)12/15/1997 1:55:00 PM
From: pwrmstr  Read Replies (2) of 2694
 
You can't find a better buy than CY in tech-land right now IMHO. I've owned this stock since 1992 and watched it rise from 4 to 25 and back to 7. CY is a very cyclical stock to say the least, and I sold most of my position at 16 but still have 500 of my shares that I bought at 4.5. I've loaded up with 1000 new shares today and feel pretty confident that I'll make 35% over the next year. This stock is not for the faint of heart but it can make you money if you trade it correctly. Unfortunately, CY appears to be one of those pure cyclicals that does not work as a buy and hold stock. Cheers.
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