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Technology Stocks : SILICON STORAGE SSTI Flash Mem -- Ignore unavailable to you. Want to Upgrade?

To: Richard Wang who wrote (423)	8/25/1999 7:28:00 PM
From: Ausdauer	Read Replies (3) \| Respond to of 1881

Richard, I sold SSTI after a 10 fold increase in value from the $1.75/share I paid last Winter. The position was small, so it wasn't a fantastic gain. Then the CFO goes and says... Silicon Storage said it expects to break even in the current quarter and record a profit of about 20 cents per share in the fourth quarter. Fiscal 2000 revenue will be between 70 cents and $1.60 per share, depending on how the flash market develops in the next year, according to Garon. That is a pretty ballsy prediction if you ask me, especially since the company has not had a profitable quarter in recent memory. Now I am tempted to jump back in. I am shocked by the boldness with which Mr. Garon has made these prediction. He must be pretty goddam' sure they will materialize. Ausdauer