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: SMALL FRY who wrote (1833)	3/6/1998 11:57:00 PM
From: mr. investor	Read Replies (2) of 2694

Possible bad news. TJ will be having a video conference with all Cypress employees, to be viewed at all their plants, on Monday 9:30 central time. Rumor is.... there will be wide-spread lay-offs. It seems that this has been expected. At the Round Rock facility (You know Round Rock, Tx..Dell land) there has been 5 members of upper-management that have quit in the last 30 days. I am willing to bet this same trend is the same at all facilities. The big question is how will this affect the stock??? I have seen stocks go in both directions after such an announcement. I would buy options in both directions, in place of stock. Best of luck.

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