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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: Thomas DeGagne who wrote (102)12/15/1995 9:22:00 PM
From: Joseph wang   of 231
 
I am VERY uneasy right now about flash memory (see message #105).

Compact flash drives are EXTREMELY expensive. If they come down
in price...where do you think that will leave the companies?

dramatically lower profit margin...despite dramatically higher
volume...they will have to increase spending on producing even
more flash memory...and in the end you'll see supply meet demand.

I am looking for either a near term (3-6 month) catch or a long
term group to invest in.

I think a downgrade for flash memory is imminent. TOO many
companies make it. And no one is ready to pop in a 10 meg flash
device into their laptops. We'll use other means of storage
before using flash (for cost reasons).

-JW
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