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Pastimes : G&K Investing for Curmudgeons

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To: Uncle Frank who wrote (3545)7/14/2000 12:22:10 PM
From: unclewest  Read Replies (1) of 22706
 
Unc, check out ssti. They'll report on Tuesday, and I'm hearing very good things about them. Could be another Altera situation.

UF
thanks...i like ssti...the sector is in a tornado imo...i have ssti in a basket with sndk and flsh.

i believe ssti's earnings will be old news(see below)....but who knows what the stock might do.
uw

Thursday June 29, 8:02 pm Eastern Time
Company Press Release
SST Preannounces Record Results for 2Q00
SUNNYVALE, Calif.--(BUSINESS WIRE)--June 29, 2000--SST (Silicon Storage Technology, Inc.) (Nasdaq:SSTI - news) today announced that it expects to report record results for the second quarter ended June 30, 2000.

Based on information available at this time, the company expects to report a revenue increase of greater than 50 percent over the first quarter of 2000 and an increase of greater than 300 percent over the second quarter a year ago. The company expects that it will report earnings per share for the second quarter of 2000 to be greater than $0.50.

``With our diversified product offering, the company has continued to experience rapid revenue growth. These products serve a very broad range of applications in digital consumer, networking, wireless communications and Internet computing markets,'' said Bing Yeh, president and CEO. ``We believe the flash market is very fragmented, characterized by the coexistence and continued growth of all memory densities and various configurations to meet the specific requirements in many emerging applications. Our SuperFlash technology allows us to produce very competitive flash memory products with differentiated feature sets and functionality to serve each segment of the market. Demand for our products continues to outstrip our capability to supply. We expect to continue increasing our capacity to meet the increasing demand.''

The company expects to report final results for the second quarter of 2000 on July 18, 2000 after the market is closed.
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