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Technology Stocks : STM - SGS-Thomson (MPEG II) -- Ignore unavailable to you. Want to Upgrade?

To: Lynn who wrote (280)	9/6/1999 3:34:00 AM
From: Indelible	Read Replies (1) \| Respond to of 437

Why is this board so dead on such a good company?Anyway,if anyone is out there and interested-My question is,regarding the sale of 28+m shares recently announced,are these really NEW shares?The 28m shares would dilute ownership by about 10%,hence the sharp drop in the stock recently.However,upon the release of the actual news,it is stated that only 2+m shares are new issue,representing only about one% dilution.Thus,the sharp rebound since actual details were released.Add that to the following report issued by SSB on Friday and I see STM quickly going to new highs as other semi stocks already have.JMHO >Non-volatile memory remained extremely hot with Flash shipments growing 64% year-over-year, up from 51% in June and SRAM growing 18% year-over-year, up from 13% in June. This is consistent with patterns we have seen in the channel over the last several months and is a positive for Integrated Device Technology (IDTI, 1H) and STMicroelectronics (STM, 1H).< You can read the full report on SIA July sales by following this link marketwatch.multexinvestor.com ch%2Emultexinvestor%2Ecom%2FTickerSearch%2Easp%3Fticker%3DSTM%26i33%3D%2F001287d %2F0007%2FADV%2FA04%2F01%2F260166&docid=3113133