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: AARON DIDICH who wrote (1817)	3/3/1998 7:46:00 PM
From: Harold Engstrom	Read Replies (2) of 2694

I bought IDTI about 2 years ago and a few months later the company wrote off one of its older fabs, decreasing book value by about $60MM. The person representing himself as DMcCranie on Yahoo says that CY is working with 0.6 micron technology and is now moving to 0.35 and better. Does anyone think that CY will writeoff their old fabs soon and record some red ink? The reason I ask is that CY looks very inexpensive relative to the rest of the industry right now and am wondering where the best entry point might be.

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