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: Tim Wolff who wrote (1630)	12/16/1997 1:56:00 PM
From: larry pollock	Read Replies (1) of 2694

The interviewers failed to address the "miscue" issue concerning ramp-ups/delayed shipments. His comments about his research paper were nothing but egotistical nonsense. The fact is that Cypress will not achieve the $1 billion revenue levels in 1997 as he predicted in the 1996 annual report. Also, Cypress will not achieve record quarterly revenues in the current quarter, nor in the first quarter of 1998, predictions he made in the second quarter earnings release. In the third quarter 1997 earnings release,he expected sequential revenue growth into the fourth quarter 1997, and we now know that that outlook is an impossibility. Now he is forecasting that Cypress will be back on track in the first quarter of 1998, well, we will see about that too. Back on track from what? The interview went well only because the interviewers did not asked the challenging questions. His research paper about the timing of purchases and sales of stock? Merely feeding his ego!! Good luck everyone!

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