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: jelrod3 who wrote (2092)	1/26/1999 12:53:00 AM
From: Alan C. Zezula	Read Replies (1) of 2694

I would think that anytime you spend $100 million and have to issue more stock that this would dilute their EPS unless the IC Works earnings kick in immediately and go to CY's bottom line. The market certainly didn't indicate they thought it was such a great deal as CY closed at 9 3/16 - 5/16 while stocks like LSI closed at 23 3/8 + 2 3/16. How much cash on hand does CY have? Just curious. Al

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