The document discusses different types of multivibrators including monostables, astables, and bistables. It focuses on bistables, specifically latches and flip-flops. Latches have two stable states, SET and RESET, and can remain in either state indefinitely. The document describes the basic S-R latch using NOR or NAND gates and explains how the outputs change based on the input signals. It also introduces the gated S-R latch which only changes state when the enable signal is high.