Catalyst Semiconductor (CATS) -- What's New? Message Board

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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: Jay Hartzok who wrote (179)	9/6/1997 11:29:00 PM
From: WHL	of 436

The breakout occurring late in the day Friday should carry us well above 3 1/2 this coming week. The latest earnings report which came out on August 27, 1997 contains the following sentences: 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. Six quarters ago the stock was in the $7.00 range- and it may well get there again. For more information on the resistance level breakout please check the thread: RESISTANCE LEVELS- Ceilings & breakouts at: exchange2000.com

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