Keep in mind that touch products just fell into CY's lap with PSoC. While it is almost certain that input technology will continue to evolve, CY is well positioned to mold PSoC into just about anything CY needs it to do. CY should be able to lead changes in input devices and sensors (looks like "sensors" is the big word at CES this year... not that I find CES to be tremendously relevant, but that's a topic for a different day.)
The only question--and you have pointed it out time and again--is... Can CY execute on their products with their current management structure and culture? I guess time will tell. I predict (as I have in the past) that CY will continue to bounce between $10 and $20 as it has done so often in the past. If so, then today's drop may be an indicator that it's time to put a few more eggs in the CY basket.