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


To: Ted The Technician who wrote (2425)9/20/2000 10:59:14 PM
From: pmcw  Read Replies (1) | Respond to of 2694
 
TechTed, My guess is investors are finally starting to understand CY's not just a SRAM house anymore. I written a few posts on this board describing CY's new game plan, their success in dominating key niche markets and why they will soon have success in the MEM's business. In a couple of years you'll hear someone say, "ya know, if you bought CY during the summer of 2000, do you know what it would be worth today?" I hope you'll just be able to smile and just say "yes." Regards, pmcw



To: Ted The Technician who wrote (2425)9/21/2000 9:26:01 AM
From: Yogizuna  Read Replies (1) | Respond to of 2694
 
The only thing I see technically, is the fact that the 27DMA support held. This moving average sometimes works in unique situations which I try to pick up on. Also, the daily chart was extremely oversold and due for a pop. CY is now trying to break above some falling trend-line support blocking it's path here. OY



To: Ted The Technician who wrote (2425)9/21/2000 9:27:34 AM
From: Yogizuna  Respond to of 2694
 
Thank you for the Cypress Investor Forum link!



To: Ted The Technician who wrote (2425)9/21/2000 12:24:29 PM
From: Alex MG  Respond to of 2694
 
I think this was the reason for the price spike yesterday...

SAN FRANCISCO -- Cypress (CY:NYSE - news) CEO T.J. Rodgers figures the chip cycle won't start heading downhill until a far-off 2004. Feel free to shield the sun from your eyes and squint off into the distance.

Rodgers predicts so much road between now and the coming chip downturn, not because of pragmatism among chipmakers to keep them from the inevitable glut of supply that curses the industry when it oversteps demand, but because of dumb bad luck. "Equipment makers can't keep up. ... Which basically keeps us from killing ourselves again," he said at the Banc of America Securities Investment Conference here Wednesday.

Meanwhile, Rodgers slipped into a hair shirt and flagellated himself for the B of A crowd, to prove himself the penitent man. But more than that, he wanted to move on from Cypress' 1998-99 dip. "Last year, we were not growing, and I fessed up to it," the straight-shooting Cypress CEO said.

Rodgers professed his past guilt in order to absolve his company of future doubts. Once Cypress left the sinful land of lagging growth, Rodgers insisted, it began to double the industry's growth rate in the recovery from the down cycle. Not only that, but it also began to move away from the base pursuit of commodity RAM production to climb on hands and knees toward the higher ideals of chips, for more challenging applications such as telecommunications, data communications, video and voice. Standing stone-faced at the lectern, he said, "Cypress is not, I repeat, not, I repeat, not a static RAM story."

Say it again, brother T.J.!