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Technology Stocks : Catalyst Semiconductor (CATS) -- What's New? -- Ignore unavailable to you. Want to Upgrade?


To: Greg Jung who wrote (245)7/20/1999 9:25:00 AM
From: Bilog  Respond to of 436
 
I've also never held a BB stock before but I understand that the market maker really influences control over the stock price. I don't know if that is a positive or a negative in this case. Time will tell.
Bilog



To: Greg Jung who wrote (245)7/20/1999 10:19:00 AM
From: BobInBush  Read Replies (1) | Respond to of 436
 
This was not a BB stock when I first bought it. Their past financial
difficulties got them dropped from the Nasdaq, but they have been
trying to keep up with the financial reporting required to be listed.
If they follow this current earnings trend, they could make .08 to .12 this year.
With an industry PE of 30 for the Semi's that's a $2.40 to $3.60 price target.
Over time this means they could be relisted on the Nasdaq.
I am not sure about the price and capitalization rules.
There currently seems to be around 20 million shares issued.
Current market cap of around $25 million.
Lets hope the turn around continues.

Bob