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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: ANTHONY AZZARO who wrote (66)1/7/1997 5:28:00 PM
From: Look 4 Profit   of 436
 
I was on the conference call and the ceo WAS distressed and uncomfortable. But I attribute that more to his being attacked by angry shareholders and investors. He did mention that he sold the stock to use the proceeds towards his new house (i.e. not used to buy other stock investments, indicating he is bearish on his own stock options). He and the CFO did re-iterate several times that they felt the company had a bright future. Revenue and earnings could get a lift from new product shipments next quarter.

I was also encouraged by the fact that the ceo mentioned that price erosion had returned to normal levels and that orders in the first month of the current quarter were 30+% above the previous quarter.

I remember when this stock fell all the way down around $1 over 2 years ago and then bounced back to over $11. Could we be seeing this cycle again soon?

In any case, I did keep the thread alive...

Best of luck to all

Look 4 Profit
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