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Technology Stocks : Xicor ? -- Ignore unavailable to you. Want to Upgrade?

To: steve olivier who wrote (2244)	7/3/1999 11:20:00 PM
From: Ram Seetharaman	Respond to of 2920

XICO made the list of Best Performing Stocks (with high returns for the past 13 weeks) in Valueline (though it was 49th amongst 50 stocks! No. 1 was SKYC with 300 %, no. 11 was ALSC (which I own!) - 142.3 %) 6-25-99 (expanded edition) with a 91.1 % return @ 2 11/16 price. At the present $ 4 7/16 price it should move up the chart in the 7-2-99 edition (I will look it up and post later in the week!). Valueline considers it still timely for some good reason. I don't foresee a slowdown before earnings release. $ 6 is possible, since volume has been above average.

To: steve olivier who wrote (2244)	7/3/1999 11:41:00 PM
From: Ram Seetharaman	Read Replies (1) \| Respond to of 2920

Here is a blurb about XICO: Xicor makes and markets semiconductor memory devices. Its E(2)PROMs (electrically erasable programmable ROMs), SerialFlash memory devices, and NOVRAMs (nonvolatile RAMs) retain information during power losses. These support products can write over old data without first erasing it and can be reprogrammed bit by bit or in larger groups of bits, called words or pages, without being removed from the system. The devices use a five-volt power source and fully integrated control and timing circuits. They need no external support circuits, so they are suitable for portable and handheld devices. Xicor's products are sold worldwide for consumer, industrial, and military applications. Their market is pretty wide, though competitive. If they have survived so far, they should do well during the upcoming good times. Maybe that is why Valueline rates XICO as timely as they see good growth prospects. XICO is notorious for reporting low profits or big losses. Hopefully, that will change in the months ahead.

To: steve olivier who wrote (2244)	7/4/1999 1:07:00 AM
From: jeffbas	Read Replies (1) \| Respond to of 2920

Steve, my view is that anyone who does not fully understand what is likely to be reported in Q2 is asking to experience fully a severe correction, which in my opinion is likely to start just before or coincident with the reporting of results. That is why I keep mentioning it, as I think too many people expect a positive surprise. My post 2241 did address your opinion that I may be understating second half performance. I will be startled if they make a profit in Q4 as I commented. I also think the odds are high that current sellers will be sorry a year from now and because of that view I have not sold a single share. I just do not see how they do not make good money next year, starting in Q1. I would be curious as to what fundamental basis "old xicor investor" has for disagreeing with this thesis, unless his sale was for technical reasons. My basic view is the following and because it can be simply put I am really happy with it: -The SIA report probably means an attractive SEMI business environment for quite a while. -Xicor finally has the right business model and decent mgmt to implement it. -These outside fabs are not picking up Xicor's proprietary process technology because they think it is garbage and they expect to be stuck with it. -These outside fabs will help bring Xicor to the next level on design (battery mgmt products, for example) and process (C7 to .35 micron over the next few years). -The allusion to IBM/LU on the last conference call is a loud and clear signal that Xicor can attract the interest of the largest customers in the world. In other words, environment plus production capability plus design success plus large customers should give, in the hands of capable mgmt, quite acceptable results, even from this price. OT: Would you touch core holdings of that other company?! (I have no need to sell anything.)