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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked -- Ignore unavailable to you. Want to Upgrade?

To: gerard mangiardi who wrote (4522)	1/1/1999 9:46:00 PM
From: Tim Luke	Read Replies (4) \| Respond to of 90042

how about our osi gerard????

To: gerard mangiardi who wrote (4522)	1/1/1999 10:13:00 PM
From: Creditman	Respond to of 90042

I am sold on an Israeli chip company Tower Semiconductor (TSEMF). The stock was as high as $23 last year when they decided to switch from a mostly foundry ASICs business to having propriatory products. Now they own a stake in a venture with another leading edge Israeli chip firm, Saifun, where they have developed a product called "Micro-Flash" said to be a revolutionary way to make tiny flash cells ...smaller and cheaper than anything available up to now. Tower sells for $9.50 or so ..has $5 or $6 cash per share and there is almost no debt. I believe they originally were a National Semi spin-off and they do foundry work for Motorola. Most recent years but not in 1998 they paid a $1 per share dividend ... lots of cash and a very strong balance sheet. My guess is that Tower goes back to $23 or more soon.