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Technology Stocks : SILICON STORAGE SSTI Flash Mem

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To: docpaul who wrote (1839)1/23/2002 7:12:08 PM
From: Ausdauer  Read Replies (1) of 1881
 
Doc, Bin's statements indicate to me a dependence on the PC market.

"Despite continued difficult market conditions, our unit shipments were up again in the fourth quarter by approximately 20 percent over the third quarter," said Bing Yeh, president and CEO. "This improvement was driven primarily by increased shipment to the CD-RW drive, DVD-ROM drive, CD-ROM drive, graphic card, desktop and notebook PC BIOS and wireless LAN applications.

Also, during the Q3 c.c. they stated the Q2 was likely their bottom, yet
there still are product returns that are incoming and Q4 didn't show a
significant bounce despite some recovery in the PC market.

The problem is we haven't seen the bottom yet for flash pricing. I think
it's a moving target. And it seems to be a problem for all, irrespective
of the density of the flash.

Aus
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