Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Tim Wolff who wrote (1630)	12/16/1997 11:51:00 AM
From: jelrod3	Read Replies (1) \| Respond to of 2694

I've been looking at the press release yesterday, and figure that CY looks like a great buy using TJ's Price-to-Sales technique [did you note that he referred to this in his CNBC interview this morning?]. The press release is forecasting 1998 sales of 671 to 725 million. Given that CY has been optimistic in forecasting sales revenues in the past [we all remember the $1 Billion forecast], let's whack that back to 600 million. Now crank in the 2 million share buyback, and assume a $9.00 per share current market price, and PRESTO!! The PSR is 1.41, which is below TJ's historic "low psr ratio" of 1.43 [the level at which if you buy you should do really well]. The numbers are even better if you can buy the stock cheaper than $9 [now at 8.50 as I write this] OR (and this is maybe a big "or") CY has sales higher than 600 million. So, come on folks...jump on board THE BROOM for the ride of your life!! What are you waiting for?? Raven is handing out charter membership certificates to The Broom Club (admittedly, they're a little singed & tattered) to the first 1000 buyers!! This is it...your ship has come in....don't ever say TJ hasn't done anything for shareholders!! Signed, Glutton (forever, sadly)

To: Tim Wolff who wrote (1630)	12/16/1997 1:56:00 PM
From: larry pollock	Read Replies (1) \| Respond to of 2694

The interviewers failed to address the "miscue" issue concerning ramp-ups/delayed shipments. His comments about his research paper were nothing but egotistical nonsense. The fact is that Cypress will not achieve the $1 billion revenue levels in 1997 as he predicted in the 1996 annual report. Also, Cypress will not achieve record quarterly revenues in the current quarter, nor in the first quarter of 1998, predictions he made in the second quarter earnings release. In the third quarter 1997 earnings release,he expected sequential revenue growth into the fourth quarter 1997, and we now know that that outlook is an impossibility. Now he is forecasting that Cypress will be back on track in the first quarter of 1998, well, we will see about that too. Back on track from what? The interview went well only because the interviewers did not asked the challenging questions. His research paper about the timing of purchases and sales of stock? Merely feeding his ego!! Good luck everyone!