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Cypress Semiconductor Corporation CY

Cypress Semiconductor is a provider of advanced embedded systems used in a variety of markets, including industrial, consumer, data communications, and automotive.


NDAQ:CY - Post by User

Post by moneydazeon Sep 10, 2004 10:32am
138 Views
Post# 7904754

Acquired

AcquiredThis recent acquisition for the company is great news for all involved except for maybe any of the bashers out there. Now according to their own press releases I thought they were not going to acquire any other ISP's until after the court proceedings were finished. Kinda jumped the gun but then again maybe they didnt and there is a settlement announcement coming. of course this is just a theory. Has anyone heard anything in regards to the financials and when they will be released. As I stated in previous posts my opinion is that they will follow the same pattern as years prior and post sometime around the end of November. Tell me this do they need to post their results before the AGM or can they wait until after. You would think that if the news was positive they would want to release them before the AGM not after. Well anyways it sounds like the Acquisition will be good for the financials as stated it will immediatley contribute to the bottom line. Anyone know how much this ISP was making before it was acquired? Happy investing Moneydaze
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