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  • InLibrisLibertas
    Location : Mill Valley, California, United States

    I'm an independent investor. I make my living from the returns on my investments. I work at home, in the northern part of the San Francisco Bay area. I spent most of my career as an executive in high-tech, although I also spent time in banking. Down to one kid in university now!

The Postman Always Rings Twice

September 28th, 2004 by InLibrisLibertas

Cypress Semiconductor warned on Q3 for the second time today, citing “sustained weakness in turns across multiple markets”. Earnings, originally guided up to 26¢, have now been taken down to 2-4¢. Revenue has gone from an original 280MM down to 220MM. Oops. If this is an indication of the chip market, then we will be hearing from others soon.

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