SI
SI
discoversearch

Technology Stocks
CYPRESS Semiconductor (CY)
An SI Board Since January 1996
Posts SubjectMarks Bans Symbol
2653 77 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?
Previous 25 | Next 25 | View Recent | Post Message
Go to reply# or date (mm/dd/yy):
ReplyMessage PreviewFromRecsPosted
2653Hi Debt Free, Stockholder Meeting June 8th. Just got my White Proxy and have arobert b furman-May 2
2652getting hammered today. Hope it holds 13 [graphic]Debt Free-May 2
2651This is a turnaround just happening. The USB-c is catching on now. Auto is a grobert b furman-April 28
2650missed that - sure hope they are right :-)Debt Free-April 28
2649some small brokerage house gave CY a PT of 19.00 yesterday on IB streaming news.robert b furman-April 28
2648Not yet - May try to do it a bit later. Where did you see price targets gettingDebt Free-April 28
2647Did you listen to the webcast? I need to wondering what the one time adjustmentrobert b furman-April 28
2646 good job on selling your puts. tried selling more puts but price moved away frDebt Free-April 28
2645Hi Debt Free, Lot's of brokers using a Targeted Price of $16.00 to $17.00 robert b furman-April 25
2644Should have done more on the nice earnings but I think TJ is clouding the companrobert b furman-February 28
2643Stock jumped at the open and hit a new 52 week high today. didn't find any Debt Free-February 28
2642Hi Debt Free, Nice going!! Yes I think the FA on CY will get better all year. robert b furman-February 14
2641Hey Bob still holding my CY that I got betwen 9&10 also been selling somDebt Free-February 14
264019 % growth (internet of things exceeding growth estimates) being well recvd by robert b furman1February 3
2639Chart update: screencast.com Earnings out tonight AH. Hoping we see fab utilirobert b furman-February 2
2638Chat Update: Need to break out over 11.22 and this zig zag corrective wave willrobert b furman-12/13/2016
2637In past webcasts TJ has discussed that CY is one of the early adopters of the USrobert b furman-9/19/2016
2636 Home› About Cypress› Press Room›Deca Technologies Announces Company Launch robert b furman-9/2/2016
2635Hi debt free, The announcement for a 250 million in convertible debt is slappinrobert b furman-6/20/2016
2634Cypress Announces Proposed $250 Million Convertible Notes Offering finance.yahooDebt Free-6/20/2016
2633Huge call spread targets Cypress Semi finance.yahoo.comDebt Free-6/20/2016
2632Been selling puts . Looks like I'll get to keep the money . I'd LIKE Trobert b furman-6/11/2016
2631finance.yahoo.com Cypress Semiconductor Corp. ( CY) today announced that its BDebt Free-5/11/2016
2630Looking forward to the next couple of weeks to see how CY price shakes out. I hDebt Free-5/6/2016
2629Well the earnings beat consensus by a penny. TJ is retiring They bought the I orobert b furman14/28/2016
Previous 25 | Next 25 | View Recent | Post Message
Go to reply# or date (mm/dd/yy):
Copyright © 1995-2017 Knight Sac Media. All rights reserved.Stock quotes are delayed at least 15 minutes - See Terms of Use.