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Technology Stocks : CYPRESS Semiconductor (CY) -- Ignore unavailable to you. Want to Upgrade?


To: Ken Twining who wrote (2303)9/30/1999 9:04:00 PM
From: BWAC  Read Replies (2) | Respond to of 2694
 
Whoa!? <then this must be a GREAT buying op! > No it is not a great buying opportunity. A great buying opportunity was at 6, or 7, or less than 12, even 15 maybe. But at 26, (edit: good lord it went to 21 something)this is not a good buying opportunity. Its richly valued, priced for perfection, and has no room to stumble. And that spells RISK. Its a risky buy at these prices. Buy on, but be prepared. The easy money has been made and already pocketed. Just like the insiders did when they sold recently.