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Cypress Semiconductor Corporation Message Board

  • floppy_6 floppy_6 Sep 18, 2008 11:45 AM Flag

    Implied core-cy value only $3.25

    Well assuming SPWRA equal value with SPWRB, with what SPWR currently traded at $79.24 and CY traded at $24.64, it implies the core-CY only worth $3.25, which has cash over $1.30. What's going on? If CY can be traded in "regular way" after record day, why bother to have record day?

    Are they presuming that SPWRB will be opened much lower than SPWRA?

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