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: mr. investor who wrote (1834)	3/7/1998 1:22:00 AM
From: Harlan Huber	of 2694

Mr. Investor: Thank you for updating all of us on this information about potential layoffs. I don't know what the impact will be...there could be severance charges for laid-off employees, perhaps early retirements, etc. Conversely, it may be viewed by Wall Street analysts as a necessary step to restore the company to profitability. It's certainly bad news for those employees who will be laid off and will probably result in a charge for either this or next quarter. I notice up here in Seattle that CY was supposed to be at a two-day high-tech hiring conference on Tuesday and Wednesday of this week just now over at the Seattle Center. I think they have a computer products division (?)in Seattle, which may be hiring. I saw this high-tech hiring conference advertised in the Seattle Times last weekend.

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