SILICON STORAGE SSTI Flash Mem Message Board

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Technology Stocks : SILICON STORAGE SSTI Flash Mem

SSTI 6.190

-0.2%

Nov 28 9:30 AM EST

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To: Navigator who wrote (302)	10/20/1998 5:57:00 PM
From: Smilodon	Read Replies (1) of 1881

Haven't heard anything. I think H&Q, DLJ and Fahnstock are still covering it. Fahnstock lowered from a buy to market perform. But, until the business starts improving, they won't give it any support. Mike Briner, their VP of design recently bought a lot of stock. I would expect others in the company to buy stock, as they have in the past. The only near-term catalyst I see is the two licensing deals they mentioned. Perhaps we can get another IBM-like spike in the stock. Otherwise, we must wait until the flash memory cycle turns. Probably in late 1999. Good potential return, but the cycle is taking much longer to turn than I expected. Regards, Archer

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