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


To: steve host who wrote (1639)12/16/1997 6:33:00 PM
From: John Ritter  Read Replies (1) | Respond to of 2694
 
That would be near a double from yesterday.
Pretty good for an 'index' stock.

Of course, this becoming true,
it begs the question,
Why was it so low yesterday?!

Answer: Cause someone (preferably funds) sold out cheap.
Funds made lots this year, need to give for Christmas.



To: steve host who wrote (1639)12/17/1997 11:18:00 PM
From: John Ritter  Read Replies (2) | Respond to of 2694
 
CY dropped back today, there seems to be opinions here that this one could go either way from here, frankly, the chart looks up from the bottom we just touched. I looked at other stocks in this sector and they all 'ride a broom'. My opinion, which is shakey, is that these are pretty much sold down. If you are right on your prediction of a reasonable recovery in this stock, I will view you as a genius. The reason being is that you agree with what my original thoughts were when I bought into CY. My old broker (before internet) said sell.
Well, any fool could tell that the 7 1/2 level was a buy, I almost doubled up now and am on needles and pains er pins....with the 3/8 drop today. I want my blue blanket to hold!?