Cypress Semiconductor Corp (CY)

Current 9.22, Sept 29 09. Limit 9.22

The CY holding in Sun Power is valued at more than the whole of CY. It is only a matter of time before the Sun Power holding is distributed to shareholders.

This stock will likely trend in the range it is in until maaagement does something innovative to shake it out of it's sleep. I believe it has potential to payoff handsomely and will do so within the next year. Purely speculatively on my part but hopefully a reletive low risk.investment

It's market cap is the stocks book value.

4

Cheap, cheap, cheap and yes you get the solar company blah, blah, blah.

Cypress has focused in markets where it does dominate i.e. SRAM or USB and markets where it can dominate i.e. programmable consumer solutions like capacitive touch, touch screen, LED lighting control.

Couple this with a single minded focus on cost reduction and you have a money making machine.

More than 80% owned by institutional shareholders, Cy is feeling the pain caused by their recent decision not sell Sunpower, their crown jewel. This punishment may last for quite a while. When the dust will settle Cy will come back. They own more than 70% of Sunpower, a top of the line solar energy device manufacturer. Cy is working to insert their electronic in the product to increase efficiency. Meanwhile they're still active in their original market and wrote a sector profit last week albeit symbolic. Will cy distribute Sunpower shares to their shareholders or will they keep it and grow it? Both side of this coin should be profitable.

Totally depends who wins the election. Being bullish on it is surmising alternative energy sources become in demand in the next administration.

If CNG is going to start tossing natural gas in cars, expect energy prices to go up. Private per house solar panels start to look pretty good.

Has the products that are in demand now and in the future.

Produces semiconductors and touch screens for mobile smart phones, the main leg of the next Tech revolution.

CY is slowly recovering after the 2001 market crash. They have moved from a tough memory market business to ASIC design- AAPL uses CY's PSoc chips in their IPODs. They also have a stake in growing solar power market - SPWR. On top of all that they had a positive quarterly report last quarter - unlike other IC design houses.
It has gone up by 20% in the last 3 months but I think it will go up even more in the following months.

although the P/E is kind of high, fundamentals and technicals of this semiconductor company are very strong. It will provide strong growth during any upswing in the tech sector.

This stock has had good earnings and a lot of potential gooing forward.

Broad based semiconductor company in key developing technologies

solar subsidiary poised to gain

this company will blow up so quickly one would have to have them on the list

Speculation about SPWR spin-out will carry stock through summer

Good growth and earnings ahead.