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

To: Maui Jim who wrote (1916)	5/4/1998 10:45:00 PM
From: cbstock	Read Replies (1) \| Respond to of 2694

Hi Jim, I visited their site and it is very forward thinking of them to create the vehicle. I wish they had created it a year ago, I would be long up and gone. It is refreshing and maybe an indication of the future for other companies. I am a retired techie and subscribe to the Electronic times as well as other reference sources. Unfortunately it looks very bleak for us in the near future because of the Asian effect and TJ's focus. From the annual report, it looks like he is married to the SRAM market and that vehicle continues to plow the company and the stock under. The stock will be in a trading range for months if not years, it seems because of the far east chip companies. All they care about is cash flow over there, not profit. The companies are subsides by their governments to keep there people employed, so they sell memory ( all kinds) below our costs (CY) and also DRAM. Not my words, came from EE Times. All the anticipated $300B semi market will not show up until 2002. This is a long time to hold a loser. I wish it were different and we could enjoy the delights of the internet stocks.. Wrong stock, Wrong time , wrong place!!!! Good luck Regards cb