Buy on a dip to 7.25. Seems that CATS cannot evade the negative
sentiment about semis now, no matter that its products go into so many
more products other than computers, which are supposed to get extinct
as of January 1996. I am cutting back on my NSCP although the tax ax
will come. What can I do, when the stock has gone up 250% in less
than two months. I know it is a concept stock, but even these have
limits, and the meat grinder that is comming will spare no one.
This money will come back to semis violently, especially when funds
are allowed to sell NSCP in February. I might try to short these hot air
baloons soon. I did this with ISSI and covered at 35. Now I am
buying this stock in the teens .... This is called fighting the
market, which I don't do often, but it seems the right time.
As for CATS, read the news in IBD again. I bet that most people have
no idea of what is it all about. So, we have only the word Catalyst
mentioned and the stock soars 15%. From yesterday's and today's
volume it is clear, that peole who bought at 8 are holding on.
Now, guess what will happen when they come with EPS for Dec. of 13 - 16
cents as compared to 10 cents in September... Watch for volume of
200 000 +. Then enjoy the next day! |
