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Technology Stocks : CATS - Catalyst Semiconductor
CATS 25.89+1.6%Jul 2 5:00 PM EST
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To: Winner Victorious who wrote (87)12/14/1995 10:28:00 AM
From: Tom Claugus   of 231
 
Winner,

I am sorry I have offended you that wasn't my intention. You obvoiusly
use different investment philosophies than myself. I am not a trader
and I am just saying, the way I invest, that I need to feel confident
SRAM prices will be somewhat stable this year if I was to own ISSI. I
am short very doggy companies for the most part. Most of the companies
you probably have never even heard of. One thing in shorting I agree
with you on and that is that you should not get in front of the wave (as
you were referring to concerning Netscape). Nothing is certain in this
world. As I have said, if SRAM prices hold on your ISSI will be a good
trade and there is a liklihood it will bounce early next year. My only
concern is that downcycles in an overcapacity situation can be long and
painful. Hope you make money. I am no longer short ISSI or ALSC here
so please take my pessimism more lightly than you are. The one benefit
that short selling does give you is it helps you scrutinize and be more
aware of the down side. I would like to tell you that I am actually
pretty weak at picking longs just so you are aware of this fact. Anyway
enough ego bantering here. I want everyone to make money and I am just
stating what could happen and trying to point out the big picture.
Happy Holidays

Tom Claugus
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