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Technology Stocks : Catalyst Semiconductor (CATS) -- What's New?
CATS 25.89+1.6%Jul 2 5:00 PM EST

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To: Look 4 Profit who wrote (165)8/27/1997 5:37:00 PM
From: WHL   of 436
 
We turned the corner! Prior Q loss $.14, this Q $.10. Revenues up 6% Q to Q. That's what I was looking for! Please note these comments also from the press release:


Michael Powell, the Company's Chairman and CEO, said: ``We are pleased to report increased revenues for the July-ending quarter and continued improvement in the bottom line. Bookings increased by more than 25% relative to the prior quarter, giving us a book-to-bill ratio of over 1.4. Bookings were particularly strong in Japan and Southeast Asia.''

The increased bookings primarily were due to increased demand for the Company's Flash memory devices targeted at personal computer and disk drive applications. The Company closed the quarter with
its highest end-of-quarter backlog in six quarters.
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