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Strategies & Market Trends : Market Gems-Trading Strong Earnings Growth and Momentum -- Ignore unavailable to you. Want to Upgrade?

To: Jenna who wrote (4625)	2/14/2001 7:18:27 PM
From: Jenna	Respond to of 6445

CATS.. above break even 'despite margin pressures and a weaker economic enviroment' CATS expects to weather market uncertainty in its industry, despite pressure on its profit margins. How will Catalyst do this do you suppose?.....considerable uncertainty; Is this earnings report supposed to allay the fears of investors? There is no trading after hours at least not that I can see. Well it will be interesting to see how this one trades tomorrow. Wednesday February 14, 4:52 pm Eastern Time Catalyst sees Q4 gross profits above break even SUNNYVALE, Calif., Feb 14 (Reuters) - Catalyst Semiconductor Inc. (NasdaqSC:CATS - news) on Wednesday said it expects gross profits for the fourth quarter will remain above its break-even point, despite margins pressure and a weaker economic environment. The company said in statement accompanying its third quarter report that it expected to weather market uncertainty in its industry, despite pressure on its profit margins. ``Although the length of either the semiconductor slowdown or the general economic slowdown are subject to considerable uncertainty, we believe that our cost structure is competitive,'' said Radu Vanco, company president and chief executive officer. ``At this point, we believe that gross profits for the fourth quarter will remain above our break-even point,'' he added in the statement. The Sunnyvale, Calif.-based company reported third quarter net income of $7.0 million, or 35 cents a diluted share compared with $2.3 million, or 12 cents a share, in the year-ago period. Revenues were up 89 percent to $23.6 million.