SI
SI
discoversearch

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 23.820.0%Apr 16 5:00 PM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Tim Wolff who wrote (1630)12/16/1997 11:51:00 AM
From: jelrod3  Read Replies (1) of 2694
 
I've been looking at the press release yesterday, and figure that CY looks like a great buy using TJ's Price-to-Sales technique [did you note that he referred to this in his CNBC interview this morning?]. The press release is forecasting 1998 sales of 671 to 725 million. Given that CY has been optimistic in forecasting sales revenues in the past [we all remember the $1 Billion forecast], let's whack that back to 600 million. Now crank in the 2 million share buyback, and assume a $9.00 per share current market price, and PRESTO!! The PSR is 1.41, which is below TJ's historic "low psr ratio" of 1.43 [the level at which if you buy you should do really well]. The numbers are even better if you can buy the stock cheaper than $9 [now at 8.50 as I write this] OR (and this is maybe a big "or") CY has sales higher than 600 million.

So, come on folks...jump on board THE BROOM for the ride of your life!! What are you waiting for?? Raven is handing out charter membership certificates to The Broom Club (admittedly, they're a little singed & tattered) to the first 1000 buyers!! This is it...your ship has come in....don't ever say TJ hasn't done anything for shareholders!!

Signed, Glutton (forever, sadly)
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News