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: Jeff Parker who wrote (2073)	12/21/1998 5:08:00 PM
From: Jeff Parker	Read Replies (1) \| Respond to of 2694

@4:46 est, 100 shares sold @ $10 resulting in a + 5/16 close. Strange moves on low vol.

To: Jeff Parker who wrote (2073)	12/22/1998 1:24:00 AM
From: Alan C. Zezula	Read Replies (1) \| Respond to of 2694

According to PointCast at 4:01 pm T.J. said CY will miss the analysts earning estimates for the 4th. qtr. of '98. These will be reported on 1-3-99 and were $133 million in revenues with +.04 cents per share. Instead he said they are looking at $126 million in revenues plus/minus $2million and a loss of -.04 cents per share give or take .01 cent per share. He said the shortfall was due to a manufacturing problem in a Phillipines assembly and test plant which has been corrected. Someone must have gotten wind of this prior to today since CY never did seem to rally with the other semiconductors. OT// Lobster contest ain't over till it's over. CSCO closed at 94 11/16 + 4 1/4 and DELL at 71 15/16 + 4 1/16. CY at 9 13/16 + 1/8. Will be interesting to see where it closes after this warning.