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

To: Sam Citron who wrote (2551)11/18/2006 4:07:21 AM
From: Tom Caruthers  Read Replies (2) | Respond to of 2694
 
I have traded CY many times in the past. Most recently as an arbitrage play between Sunpower and CY. I see this pullback as a good opportunity to keep playing just that. Nibbling now, will build a larger position if we dip below $17.

One concern is crude at $56/barrel. Could impact Sunpower and its share price, dropping the market cap significantly.

Good luck!
Tom


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