CATS - Catalyst Semiconductor Message Board

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Technology Stocks : CATS - Catalyst Semiconductor

CATS 25.89

+1.6%

Jul 2 5:00 PM EST

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To: Winner Victorious who wrote (23)	12/9/1995 12:38:00 AM
From: Joseph wang	of 231

Looks like CATS has formed quite a support level between 6 3/4 and 7 3/8. I recommend buying at 7 3/8 (which is what I did yesterday). Let's hope it breaks above 8 next week. Most tech stocks are trading at low multiples. My views on SRAM, however, are still negative--I don't think ISSI will recover all that much. As I have already stated, I would probably bail out at 25 for a small gain (your average is 21). I think supply will quickly meet demand. SRAM prices will inevitably fall. Highly speculative, but SRAM might be replaced by new technology. And relatively speaking, usage of SRAM is limited (while DRAM and Flash memory have wide applications). -JW

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