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


To: Alan C. Zezula who wrote (2091)1/22/1999 12:31:00 PM
From: jelrod3  Read Replies (4) | Respond to of 2694
 
Did you see where CY is buying IC Works for $100 million? Plans to issue 13.7 million shares of CY stock. IC Works has been averaging $17.6 million in revenues per quarter, and has average net income of $2.7 million in the last 3 quarters. Deal looks neutral at best, and probably dilutive if the numbers I have are right...

Any thoughts?