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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: Cary Salsberg who wrote (41)11/12/1996 1:13:00 PM
From: JACK SHOYKHET   of 436
 
Dear Cary:
I do understand how you feel. You have been a loyal shareholder of CATS for 3 years and have seen less than spectacualar results. However, the company's stock did hit a high of $8 and change this year. Why didn't you take a profit at that time? But, in reality, it is immaterial. You are correct -- this market is a bit slow compared to the rest of the semiconductor industry which now has a bill ratio of 1.10. I still believe in CATS -- the fundamentals are there. What they really need is a coverage from Alex Brown, HQ, etc. I just finished talking to CATS CFO -- he told me they are working very hard to get this coverage initiated again. Trust me -- if someone comes up with a "Buy" recommendation tomorrow, the stock volume will increase and stock will appreciate accordingly.
We'll see. In the mean time, I am buying more...
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