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Technology Stocks : SILICON STORAGE SSTI Flash Mem
SSTI 6.980-2.4%Jan 30 9:30 AM EST

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To: John Madarasz who wrote (1423)12/21/2000 10:24:08 AM
From: Sam  Read Replies (2) of 1881
 
Debt is zero, I don't know what you are talking about. True, they issued stock last year to finance torrid growth. True too that their cash flow was negative, but when you get their kind of growth, that is frequently what happens. As the growth stabilizes at lower rates, cash flow should get positive, hopefully next year some time. But still should be substantial growth, unless this slowdown really does turn into a serious recession. In that case, they still have over $200m, and no fixed expense fab to run, so their finances should still be in good shape.
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