Semi Equipment Analysis Message Board

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Technology Stocks : Semi Equipment Analysis

SOXX 296.74

+1.8%

Nov 28 4:00 PM EST

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To: Donald Wennerstrom who wrote (80594)	7/26/2018 3:47:19 AM
From: Elroy	Read Replies (2) of 95490

If anyone is paying attention, the little memory engine that could ... SIMO .... (it’s baaaack) is once again bouncing off of its all time high share price. It’s been up here twice before in the past 15 months, each time to stumble and disappoint and fall back about 15%. So....I think they report Q2 on Friday, and we’re waiting and waiting anD waiting for the decline in NAND memory prices combined with the increase in NAND production to drive increased client SSD adoption, and then!!! Well. That day never seems to come, but it remains on the horizon. SK said NAND price per bit declined by 9% in Q2; let’s hope that accelerates going forward. 10% of SIMO’s float is short. With shares at all time highs, they’re all in losing positions. Come Friday, bring the short crushin’ Good news. Nah, SIMO always guides conservatively, then if things are good beats handily. So......we probably gotta wait and see.

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