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: Gil Gilbertson who wrote (1995)	9/3/1998 3:12:00 PM
From: LoLoLoLita	of 2694

>>Has everyone missed the appointment of Al Shuggart to the board of directors with cy?<< Hi All. I'm new here. Long this week @ 7. Previously traded CY in the low teens but didn't make any money. I got reminded of CY by accident really, looking at the news for COMS in my bargain hunting I saw that Eric Benhamou is the Chairman of CY, and that Al Shugart was joining the board as a Director. What a combination! If those two heavy hitters are working with T.J., I see good things coming for CY. And it made me completely forget about buying COMS. With the price at a 5-year low this week and an island reversal on the daily chart, it seemed like a no-brainer buy at 7. And, so far today, the price action and relative strength on CY is very encouraging, to say the least. (This is especially so in light of the continued bad news from VLSI.) I'm curious. How long has Benhamou been on the board? And, doesn't the combination of Benhamou and Shugart suggest a possible restructuring/spinoff, and-or merger/acquisition? It sure does have that feel about it to me. It would enhance shareholder value, no doubt, which is what they need. David

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