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: John Posatiere who wrote (204)	12/3/1997 6:56:00 PM
From: slob	Read Replies (1) of 436

All: Earnings are out and their UGLY !! Shrinking Gross Margins and Inventory write downs this stock should get hammered tomorrow. Mike is doing a great job of double-speak. In one paragraph he says how important the Flash market is to Cats and then in the next paragraph he attributes losses to tight pricing in the Flash market. As far as I can see CATS is quickly approaching the need to dip into the restricted cash. I need to look up the conditions that were associated with dipping into the restricted cash. It seems to me that CATS is currently at about BV. Unfortunately BV is mostly Inventory so I'd expect to see this discounted. Should see support at around $1. Happy Trading everyone Slob

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