SILICON STORAGE SSTI Flash Mem Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : SILICON STORAGE SSTI Flash Mem

SSTI 7.590

-2.8%

Dec 12 9:30 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Gary L. Kepler who wrote (426)	8/27/1999 10:12:00 AM
From: Ausdauer	Read Replies (1) of 1881

Gary and Thread, The last quarterly revenues alone were about a buck per diluted share. The information in the press release seems to be a typo. I still believe that $0.70 to $1.60 annual EPS for 2000 is a bold prediction perhaps motivated by the intended secondary offering. SanDisk is also raising cash via a secondary to insure a steady stream of raw wafer now that the stage is set for overwhelming flash memory demand. Silicon Storage also announced it is preparing to raise about $100 million in a secondary offering in the second half of 2000. A major portion of that money will be used to ramp production, while the remainder will be set aside to meet future expansion needs. Just my 2¢... Ausdauer

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next