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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 (171)1/22/1996 5:38:00 PM
From: Joseph wang   of 231
 
I agree with what you are saying, but CATS needs to report evidence
of strength. Until then, it is all talk (which is something I
stated as early as September).

I don't see CATS being a double digit stock any time soon. But I
do see CATS at a support/resistance level. The only problem I have
with CATS is that some insiders are willing to sell at this price
because they have lost faith in CATS. The word from the company
employees is that CATS isn't a very good company and we shouldn't
expect much from its stock. It was and has been clearly a
momentum player since it IPO'd.

As for XICO, I may sell it before the report date. Usually, XICO
goes up before a good report. I don't see much strength in the
stock these past few days. It is sitting at its 100 day moving
average and seems to be basing out around 6 7/8 to 7 1/4. I have
already given my reasons for its sell off (see previous messages).

Insiders have told me that XICO may not see much more than 8 to
8 1/2...which are figures that I have also calculated. You must
keep in mind that the stock was trading between 2 and 2 1/2 last
January. It has to realize spectacular earnings for 4th quarter
and this quarter in order to take another big jump.

The real short term dangers I see are talk about supply/demand/price
and issuance of stock. These two factors will dramatically affect
the stock....in a negative way.

-JW
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