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Strategies & Market Trends : Value Investing

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To: Paul Senior who wrote (63106)	1/8/2020 8:04:06 PM
From: Elroy	Read Replies (1) of 78748

At my old age, and in this up market, it may be the right time to make some changes. Sell them all and put it all into SIMO! TAIPEI, Taiwan and MILPITAS, Calif., Jan. 07, 2020 (GLOBE NEWSWIRE) -- Silicon Motion Technology Corporation ( SIMO) (“Silicon Motion” or the “Company”), a global leader in NAND flash controllers for solid state storage devices, announces that based on its preliminary fourth quarter financial results, revenue (non-GAAP) is expected to be within 10% above the high-end of the original guidance range of $133 million to $139 million which the company issued on October 30, 2019. Gross margin (non-GAAP) is expected to be within the lower half of the company's original guidance range of 48.5% to 50.5%.

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