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

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The Ox
To: robert b furman who wrote (2628)4/28/2016 10:26:45 AM
From: robert b furman1 Recommendation  Read Replies (1) of 2694
 
Well the earnings beat consensus by a penny.

TJ is retiring
They bought the I of T from Marvell (usually the acquirer goes down upon announcement) All cash.

This is no doubt one more of many future products that will increase in sales.

The WiFi that boosts range by 8 times will be popular for the home - no doubt.

New, Long-Range EZ-BLE™ PSoC® XT/XR Module Opens Up Bluetooth Connectivity to New Applications; Cypress Demonstrating Modules at Bluetooth World

SANTA CLARA, CALIF., March 15, 2016—Cypress Semiconductor Corp. (NASDAQ: CY) today introduced a Bluetooth® Low Energy module solution that extends the range of Bluetooth to 400 meters, eight times that of current Bluetooth solutions. The new EZ-BLE™ PSoC® XT/XR module’s extended range opens up the use of Bluetooth connectivity to a broad range of home automation, industrial and smart city applications.

The market likes the move as CY trades I the 9's.
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