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Technology Stocks : SILICON STORAGE SSTI Flash Mem

SSTI 8.055

+0.4%

3:59 PM EST

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To: hueyone who wrote (1342)	12/16/2000 1:42:33 PM
From: Steve 667	Read Replies (3) of 1881

Huey, You wrote: About one month ago the company said due to slowing PC sales and lack of wafer availability, the company expected the revenue growth rate to slow from an unbelievable 54% sequential quarterly growth rate to a more modest 24% sequential growth rate this quarter before increasing again next year. I listened to that video presentation someone posted here from Nov 1, the one with the slides (about 55 minutes). The CEO didn't say anything about slowing growth. Quite the contrary. It was a very persuasive presentation! Also the article below stated that SSTI is selling all they can make. redherring.com Where did you see the warning that earnings will slow? Who exactly said it? Also I don't know much about wafers (Oreos yes), does SSTI make them or do they buy them to make their chips from? This looks to me like a very undervalued and un-understood company that got thrown out with the bath water i.e. the chip sector. (Frito Lay isn't doing all that great either) <g> Steve 667

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