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Technology Stocks : CYPRESS Semiconductor (CY)
CY 23.820.0%Apr 16 5:00 PM EST
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To: robert b furman who wrote (2639)2/3/2017 10:58:56 AM
From: robert b furman1 Recommendation

Recommended By
The Ox

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19 % growth (internet of things exceeding growth estimates) being well recvd by all:

screencast.com

As TJ said, Spansion excess inventory is over and fab utilization is accelerating as Colorado fab is transitioned to Austin fab abd old fab will be sold.

2017 focus is debt reduction - then stock buy back in 2018.

Wondering when the last time was CY was up over $1.00.

New CEO sounds young and aggressive.

Bob
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