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Microcap & Penny Stocks : TGL WHAAAAAAAT! Alerts, thoughts, discussion.

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To: Truman123 who wrote (51827)6/19/2000 5:49:00 PM
From: SSP  Read Replies (2) of 150070
 
SST Declares Three-For-One Stock Split

SUNNYVALE, Calif., Jun 19, 2000 (BUSINESS WIRE) --  SST (Silicon Storage
Technology, Inc.) (Nasdaq:SSTI) today announced today that its Board of
Directors has approved a three-for-one split of the company's outstanding shares
of common stock.

The stock split will be effected in the form of a stock dividend and will
entitle each shareholder of record at the close of business on July 28, 2000, to
receive two shares for every share of common stock held on the record date.
Distributions from the stock split are expected to be made by the transfer agent
on or about August 11, 2000. The stock split will increase the number of shares
of SST common stock outstanding from approximately 29.7 million shares to
approximately 89.1 million shares.

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