The Company designs, develops, manufactures and markets high-performance, mixed-signal, programmable solutions that provide customers with rapid time-to-market and system value.
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The market is almost completely discounting the Cypress core business and it's transition out of cyclical products and into psoc and other high margin products categories. After the Sunpower spinoff I look for Cypress to reach it's fair value of at least $19. (will be about $12.00 post spinoff.)