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

To: Michael Gaudet who wrote (2403)	8/8/2000 8:14:32 PM
From: Alex MG	Read Replies (1) \| Respond to of 2694

Michael, that was from a research report posted yesterday. Check out the Cypress investor forum on the corporate website... 206.170.145.25 This is the response from Dan McCranie... " Several references have been made on message boards today to a Bank of America commentary indicating that CY management is "comfortable" with Q3 sequential revenue growth of 20% and a EBG estimate of 0.64. Is this true ? if so, were any comments made about Q4 or FY2001. " From: Dan McCranie Time: Mon Aug 07 2000 19:59 " Thanks for your posting. 1) Cypress is comfortable with the average revenue / earnings estimate as stated in First Call, which calls for a revenue increase of about 12%, not 20%. The EBG number of $0.64 is at the high end of the First Call range. We don't have enough wafer fab capacity to execute a 20% growth in Q3 2000...that's why the guidance has been toward the 12% revenue number for Q3. 2) I spoke to Whittington (B of A analyst) today, but we never talked about a 20% revenue increase for Q3. 3) We did not specifically talk about Q4, but we remain comfortable with the analyst estimates that are out there for Q4 2000. "