Jim, Simtek just broke through their 52 week high today, after
they announced their latest product family. I have been watching
this one since 1989, but have really gotten serious over the
last year, as they have had four consecutive profitable quarters.
Now that they are entering volume sales with a new qualified
product family, that has a significant technilogical lead over
the competition, I believe that the next twelve months could
produce a 10+ bagger. Their stock was $6.00 before they ran into
yield problems over two years ago, and not only was that solved
last year, but they also brought on a new fab and a new more
profitable product set in December 96. Now, with today's
announcement (please see attachment), I believe that this stock
will appreciate significantly over the next 12 months and beyond.
The first company that Dr. Petritz (founder of Simtek)founded,
he built to $350 million a year in revenues and $69 a share before
selling to United Technologies Inc, in 1979. Thanks for your
time. Regards, Shawn
COLORADO SPRINGS, Colo. May 20 /PRNewswire/ --
Simtek Corporation (OTC: SRAM) today announced production of
the first three members of its 256 kilobit nonvolatile Random
Access Memory (nvSRAM) family. With sixteen times the density
of the nearest single-chip competitor, Simtek's nvSRAMs lead
the industry in density, speed, flexibility and ease of use.
"Available in industry standard SRAM/EPROM/EEPROM pin-out and
interface, these 256K products offer customers a direct upgrade
from our 16K and 64K product families. Simtek's nvSRAM products
provide the most versatile and reliable nonvolatile solution
available to system developers," stated L.D. Hockaday, Director
of Sales. "Simtek's nvSRAM is as easy to design with as an SRAM,
saving system designer time and effort and allowing the end system
to be quickly developed and rolled into production."
Simtek estimates that with the addition of its 256 kilobit family
of products, and other devices recently announced, the company can
address a market opportunity exceeding $250,000,000 annually.
The products are targeted toward applications such as
instrumentation, industrial control, telecommunications, office
automation and digital signal processing.
The STK14C88 and STK15C88, configured as 32K x 8, offer
AutoStore(TM) Circuitry that provides continuous monitoring
of the power supply and the state of the nvSRAM device.
When it detects a power loss, this circuitry initiates an
automatic Store operation, quickly and reliably transferring
data from SRAM to on-chip "shadow" EEPROM. When power is
restored, data is automatically Recalled to SRAM from the
EEPROM, appearing to the system as though the power interruption
never occurred. Other features include: 1) user initiated
Stores and Recalls controlled by software commands, providing
system design flexibility; 2) unlimited Recall cycles from
EEPROM; 3) unlimited read/write SRAM access; and 4) minimum
of 100,000 Store cycles guaranteed (1,000,000 or greater
achievable). These products also employ power management
techniques that reduce current consumption in slower systems
(15mA at 200ns). The STKllC88 offers features similar to the
STK15C88, with the exception of the automatic Store. For users
who do not want to automatically store data on power loss, the
STK11C88 provides the flexibility of capturing the data upon
software command, resulting in complete control over the Store
operation.
Simtek's family of high density nvSRAMs overcome the main
limitations of other nonvolatile memories. Unlike Flash
devices, there are no sector erase requirements or system
software development for memory block management and devices
can be written to a byte at a time in as little as 25ns.
Compared to battery-backed solutions, there are no batteries
or contacts to fail and there is no need for sockets, snap-ons,
or brackets. Data loss due to electrical noise and undershoot,
a potential problem in battery-backed and other nonvolatile
solutions, is eliminated. The nvSRAM's unlimited read and
write capability overcomes the limited number of writes
allowed with EEPROMs and Flash's, and the limited number
of both reads and writes allowed by FRAM's, which in many
applications could quickly wear out these devices.
Simtek's devices incorporate patented NOVCEL(R) memory cell
technology, which offers performance, density, and reliability
improvements over competitive nonvolatile RAMs by combining
standard four-transistor SRAM with EEPROM in a single memory cell.
Simtek's use of silicon oxynitride technology for the nonvolatile
elements allows the design of a small, high-performance memory
cell and enables production in standard CMOS manufacturing
facilities.
The nvSRAM's ability to retain essential program and data
information will benefit a wide range of applications, such
as the following:
1. Random Data Storage: The 256K nvSRAM products offer
reliability, maintainability, space savings, and system
cost advantages over battery-backed SRAM in office products,
modems, meters, terminals, scales, control systems and monitors.
They can be used either stand-alone or as a complement to Flash
memories, which are poorly suited for storing random data due to
their memory block management and erase requirements.
-- 2. Reconfigurable Program Storage: The 256K nvSRAM allows
DSP-based systems, such as automotive collision avoidance,
high-density disk drive, and digital telephones, to learn and
adapt to their operating environments.
-- 3. Combined Data and Program Storage: With the 256K nvSRAM
products, system designers can use one device for both data
storage (typically accomplished with SRAM today), and program
storage (for which Flash or programmable read-only memories are
typically used). Users can eliminate one or more components in
many systems such as cellular telephones, and microcontroller
or DSP-based applications.
The STK11C88 and STKl5C88 are offered in speeds of 25, 35 and 45
nanoseconds in JEDEC standard 28-pin 300-mil or 600-mil DIP, and
300-mil or 350-mil SOIC packages. The STKl4C88, which provides
additional features, is available in 32-pin 600-mil DIP, 300mil
SOIC, and 32-pad LCC packages. Samples and production units are
now available. 1,000 piece pricing for either product in the
45ns commercial version is $12.78. Information on Simtek
products can be obtained from its web page www.simtek.com,
email info@simtek.com or by calling 719-531-9444, 800-637-1667
or FAX 719-531-9481.
Simtek Corporation develops, produces and markets high performance
nonvolatile memories. The Company is headquartered in Colorado
Springs, Colorado, with international sales and marketing channels.
Simtek is listed under the symbols SRAM on the OTC Electronic
Bulletin Board. |
