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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: DAVE CLEARY who wrote (18)8/22/1996 11:26:00 AM
From: JACK SHOYKHET   of 436
 
Dear Dave:
I agree with your assessment. The stock price is not going anywhere in the near future -- there is little excitement at this point in time. The sales compared to the last quarter is totally flat -- the earnings are positive due to the CAT's management ability to control costs and inventory. This is a long term investment -- 6 to 12 months minimum. I see the stock trading between $6 and $7.50 for the next 3 to 6 months. Then with new products and additional revenues (which are critical) we may see new highs.
Regards.

Jack
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