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

To: Ted The Technician who wrote (2362)6/13/2000 4:14:00 PM
From: larry pollock  Respond to of 2694
 
At least over the short-run, IDTI seems to be getting the benefit of an SRAM squeeze. Today, IDTI closed near its 52-week high at 57 9/16, up 4 7/16, whereas CY was down 1/2 to 47 1/2. CY's 52-week high is also 58. We did not do too good yesterday either. Check out CY's insider sales, which are available on the Yahoo Finance site. According to the Cypress website, TJR's sales were tied to plans to expand his winery. Merlot anyone?



To: Ted The Technician who wrote (2362)6/14/2000 4:38:00 AM
From: Trey Yon  Read Replies (1) | Respond to of 2694
 
Nasty Double Top with a downside gap!

After holding CY for several years I'm out for now at $51

As for IDTI it will have more violent swings during the chip cycle than CY, for a variety of reasons NASDAQ vs NYSE listing, it's a smaller outfit, and consequently will LOSE money during a downturn, while TJ & Co might scrape by on Merlot & dry bread crumbs.


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