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Technology Stocks : SILICON STORAGE SSTI Flash Mem
SSTI 7.560+7.5%3:45 PM EST

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To: George the Greek who wrote (1119)10/14/2000 4:05:38 PM
From: John Sanderson  Read Replies (2) of 1881
 
The secondary is not a problem.
5 million shares is nothing. Less than 1 day's average volume. Its the market conditions that is holding it back.
As funny as it seems, insitutional investors will be happy to take the SPO @$35 three months from now, where they turned nose up @$25 now.
They need this extra money to secure capacity, thus insuring
growth. Maybe they need better underwriters such as Goldman,
Morgan Stanley, or Merril.
Hell if AMZN can sell 3 billion dollars worth of junk
bonds, why cant SSTI sell $150 million of valuable stock?
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