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: Goetz who wrote (2042)	10/20/1998 9:11:00 PM
From: jelrod3	Read Replies (1) of 2694

My take, FWIW: CY has been in the doldrums for so long none of us can remember when things were bright and sunny. Now, CY is forecasted to have a true PROFITABLE quarter in the upcoming Q4 98. The estimate is for 5 cents, and some are so bold as to suggest 6 cents. But the real story is top line revenue growth, which looks on track to hit $135M....and if this happens, this means a potential share price in the near term of $14.50 to $16.25...So, some people are moving into the stock now in anticipation of a nice, tidy 50% or more gain in a relatively short time frame. Again, my take fwiw....Regards.

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