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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

Comment by moneydazeon Oct 01, 2004 9:57am
171 Views
Post# 7992063

RE: Change in price

RE: Change in priceI couldn't agree more that before we see any move or change in the stock price we will need to see the Mercury mess laid to rest. I also think we will get a rise in the price after the AGM as many potential investors may be waiting to see if another dissident comes forward. in regards to the move upwards I dont think we will see 2.00 for quite some time but a move to 1.00 is entirely possible. Now all we need is some interest by investors as there really is not much holding this stock either way. Be it up there is little resistance and downward there is very little resistance. What bothers me though is that we have seen some really good news over the last couple of months and yet there is hardly a move upward in price although momentum looks like it has changed. I hope weget some news soon in regards to the Mercury spat and then we can get on with the real business of this company. IMHO I will also with my 78000 am a supporter of CY and its managment.
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