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Technology Stocks
CYPRESS Semiconductor (CY)
An SI Board Since January 1996
Posts SubjectMarks Bans Symbol
2671 79 0 CY
Emcee:  lamont smith Type:  Unmoderated
CY is one of the 5 largest suppliers of fast SRAMs, along
with Samsung, Motorola, Micron, and IDTI.

SRAMs accounted for 60% of CYs sales in Q3 1995. They have
a very competitive 256K SRAM, a proprietary 64k x 18 Pentium
Burst SRAM, and this year will produce its first 1MB 32k x 32
chip. 25% of sales are FPGAs, 15% specialty datacom chips.
Less than 10% of SRAM sales are outside US, with zero exposure
to Taiwan (where SRAM ASPs have been crumbling).

Q1 1996 is 76% booked. CY's exposure to the PC (motherboard) market
is 10% of total sales. They have consciously diversified away from
the PC market, into switching systems and digital cellular
phones, disk drives, laser printers, and industrial electronics
equipment. CY's strategy to prepare for declines in SRAM
pricing is to reduce costs aggressively. Margins are at 55%.

CY reports Q4 95 on Jan. 17. EPS is expected at 0.35, bringing
fiscal 95 EPS to 1.06. Stock is trading at 11.3 x this.
fiscal 96 EPS: 1.60 (paine webber) 1.65 (morgan stanley)
stock is trading at 7.5 x 96 EPS.

Question is, can they deliver $1.50 - $1.60 in 96? If so, BUY.
Technically, this stock is basing in here and looks very good
if it can pierce the down trend line connecting the 52 week high
with the highs of the down trend. It will do this just by trading
sideways. I've noticed very good support on the bid side at any
price below $12 in the market (trades on NY) so you can see the
block sizes of the bid and ask. Often the bid goes to "infinity" or
999 block size below $12. Traders know what i mean here.
If we can get comfortable that they arent too affected by Intel
designing out the SRAM in the pentium pro, this is probably the
best SRAM stock to buy at these levels versus ISSI, IDTI.
CY has its own fabs, unlike these other 2, and this may be an issue
at some point in 1996. any comments?
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2671CY was briefly above $14 again. That was a nice move from the ~$12 recent low.OldAIMGuy-last Tuesday
2670HI OldAIMGuy, Yesterday I sold 25 $13.00 puts for an average of $1.83. They exprobert b furman-October 6
2669I added 12% more shares to my CY position today at $14. I won't add any moreOldAIMGuy-October 5
2668Good Q1 earnings out tonight: Down 7 cents AH right now.robert b furman-April 26
2667Cypress earnings beat by 3 cents a solid revenue growth of 12.7% yoy. IoT, Autorobert b furman-February 12
2666Q4 2017 earnings release: gaap profitable! Bobrobert b furman-10/26/2017; Cypress Can Ride Surging Demand for Nintendo’s ‘Switch,’ Says NeedhThe Ox-10/9/2017
2664another attempt to take out $15 [graphic]Debt Free-9/28/2017
2663Bullish interpretation with min target ~$16 [graphic] [graphic] Head &Kirk ©-7/29/2017
2662Chip stocks are cranking it out and the auto motive are doing very well. Add throbert b furman-7/27/2017
2661[graphic]The Ox-7/27/2017
2660 [graphic] [graphic]The Ox-7/27/2017
2659Hit 52 week high of $15.10 and then fell away. Sold some Sept 12 puts but tryiDebt Free-7/27/2017
2658$15.00 on double volume will be huge = hello $17.00 - $18.00 - earnings tomorrobert b furman-7/26/2017
2657On watch for clear above 14.92. [graphic]hollyhunter-7/26/2017
2656Hi debt free, Watch that macd and rsi. I think more importantly as cheif says robert b furman-7/19/2017
2655Still holding all my shares and would love to CY break through $15 this run. ItDebt Free-7/19/2017
2654Chart Update : Time for cypress to become a teen ager ! Good erobert b furman-7/8/2017
2653Hi Debt Free, Stockholder Meeting June 8th. Just got my White Proxy and have arobert b furman-5/2/2017
2652getting hammered today. Hope it holds 13 [graphic]Debt Free-5/2/2017
2651This is a turnaround just happening. The USB-c is catching on now. Auto is a grobert b furman-4/28/2017
2650missed that - sure hope they are right :-)Debt Free-4/28/2017
2649some small brokerage house gave CY a PT of 19.00 yesterday on IB streaming news.robert b furman-4/28/2017
2648Not yet - May try to do it a bit later. Where did you see price targets gettingDebt Free-4/28/2017
2647Did you listen to the webcast? I need to wondering what the one time adjustmentrobert b furman-4/28/2017
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