CYPRESS SEMICONDUCTOR (CY-NYSE): Technical Viewpoint: From a low of $10.56 on May 26, 1999 prices rallied, reaching a high of $17.00 on Jun 21, 1999. A decline saw prices pull back, reaching a low of $15.19 on Jun 25, 1999. Another rally saw prices penetrate resistance, closing 7/1/99 at $18.00. Technicals: Stochastic Oscillator (STOC): A Buy Alert! was given on Jun 30, 1999 when the solid line crossed the dotted line to the upside. Support: Remains at $15 1/2. Resistance: Is at None at current levels. Point & Figure: Reversed to the upside on Jun 30, 1999. A P&F upside reversal takes place at $16 1/2. Summary: Technical indicators have turned bullish. BUY! CYPRESS SEMICONDUCTOR (CY-NYSE) @ $18 1/8 Stop: Use a protective stop of $16 1/2. CYPRESS SEMICONDUCTOR is currently trading @ $18.00 plus $7/8 on Jul 1, 1999. Price Objective: $24.00. Risk/Reward: $1 5/8 VS. $5 7/8. Today's Risk Reward Ratio: 3:1