Applied Materials No-Politics Thread (AMAT) Message Board

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Technology Stocks : Applied Materials No-Politics Thread (AMAT)

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To: Road Walker who wrote (4658)	12/27/2002 8:34:08 AM
From: Proud_Infidel	Read Replies (2) of 25522

Flash firm lowers Q4 guidance, ASPs to blame Semiconductor Business News (12/27/02 04:35 a.m. EST) SUNNYVALE, Calif. -- Sales revenue in the fourth quarter of 2002 at Silicon Storage Technology Inc. is now expected to be 6% to 10% down from that of the third quarter, compared to previous guidance of flat to 3% down, the company said yesterday (December 26, 2002). Sunnyvale-based SST is a fabless developer, vendor and licensor of non-volatile memory products and technology and counts IBM Microelectronics, Motorola, National Semiconductor, NEC, Samsung and TSMC amongst its manufacturing partners and licensees. SST ascribed the revenue shortfall to average selling prices that have declined more than expected. Unit shipments in the fourth quarter are expected to be flat to slightly above the level shipped in the third quarter.

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