SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : SILICON STORAGE SSTI Flash Mem
SSTI 6.980-2.4%Jan 30 9:30 AM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Sam who wrote (1425)12/21/2000 1:33:18 PM
From: John Madarasz  Read Replies (3) of 1881
 
Debt is zero, I don't know what you are talking about.

What I'm talking about is Cash Flow...not debt.

marketguide.com

It's my biggest concern here. I still think this is a show me company here, and the market agrees. Up until a couple quarters ago this company had negative cash flow from operating activities. They essentially made money from selling stock... and they STILL do. That's what CMGI does and look at their share price...

I'm not saying it's a bad company, I like the market for flash, and many aspects of this model. All I'm trying to do is show how the company puts cash in the bank here. Yes they have recently retired apx 20 million in debt, but Don't forget about the recent cancelled secondary to issue more debt here either...it's still waiting in the wings.

The gap at $8.75 will fill, I firmly believe. Look at SNDK today...

Best regards,

John m.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext