Silicon Storage Technologies(SSTI) Message Board

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Technology Stocks : Silicon Storage Technologies(SSTI)

SSTI 7.420

-2.9%

Jan 23 3:59 PM EST

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To: Just Informed who wrote (5)	7/3/1996 9:20:00 AM
From: Gene Byrne	of 49

Thanks for update. Guess you saw the market reaction to SSTI's announcement (Business Wire-July 1) that current revenue expectations for the 2Q are about the same as first quarter due to customer shipment letter of credit delays, and rescheduled or cancelled orders, due to the general softening within the personal computer market. Their outlook for 2Q eps is $0.14 to $0.15. According to IBD the street estimate was $0.19. In their report the company said that they continue to be optimistic despite near term uncertainties about order and sales activity levels within the semiconductor and PC industries. Any comments?

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