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: OldAIMGuy who wrote (2692)	3/8/2020 10:12:09 AM
From: robert b furman	Respond to of 2694

Hi Tom, I had sold out at upon their good earnings before the buyout was proposed - (got lucky). I liked Cypress and thought with the current supply channel modifications happening, a reorientation to a US based chip maker would be sought after by many for producing the more difficult chips - especially in the faster growing auto market. CY is the third largest auto chip maker and their USB.3 is now getting greater integration to newer devices. I sold a lot of $10.00 and $12.50 puts on dips of CY. Be more than happy to do it again. I think management is focussed correctly on becoming specialized on the faster growing segments of the broad semi market. I'd guess the CFIUS final decision may get it back into that price range if they say "NO DEAL". Bob