SILICON STORAGE SSTI Flash Mem Message Board

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Technology Stocks : SILICON STORAGE SSTI Flash Mem

SSTI 6.150

+4.4%

Nov 21 9:30 AM EST

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To: James Strauss who wrote (239)	7/17/1998 10:19:00 AM
From: Smilodon	Read Replies (2) of 1881

DLJ cuts estimates. Q3 cut from loss of .08 to loss of .13. Maintains 1999 estimate of .25 profit. I spoke with the company, and Q3 is expected to be really difficult. A buyout is extremely unlikely as management thinks they can get a dramatically higher stock price through an improving semiconductor environment. I love this as a long term investment, but I think you guys are the wrong investors for this stock. You are too short-term oriented. We expect to be able to buy our shares back in the low 3s and maybe in the 2s. If you want to play this stock, I am glad you are aboard. But, please just put it away and don't look at it for a year. Otherwise, you will sell at the wrong time, because I think it will get really ugly. Best of Luck, Archer

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