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

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To: Chi Pan who wrote (1749)1/21/1998 10:43:00 PM
From: Alan C. Zezula  Read Replies (1) of 2694
 
Why do you think it will go to 11 in two weeks? It sure doesn't look promising from it's last earnings report.

The report said that their Fab 2 production is under capacity and will not meet production until the END of 1998. They admitted this will adversely affect profits.

They also have lost foundry business and have several product revenue shortfalls. Unfortunately I don't see either one these turning around anytime soon. JMHO.

Al
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