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To: wily who wrote (12390)	6/29/2000 4:17:00 PM
From: JesseK	Respond to of 60323

By Donna Fuscaldo NEW YORK (Dow Jones)--Shares of Silicon Storage Technology Inc. (SSTI) slipped as much as 11.8% in trading Wednesday on fears that there will be a slowdown in demand for flash memory, analysts said. Flash memory is typically used in cell phones, and there is talk that cell phone demand is slowing, said Sutro & Co. analyst Will Piersol. Although Silicon Storage isn't a big player in the cell phone market, the company often gets lumped in with the rest of the handset makers, Piersol said. The idea is that if Advanced Micro Devices Inc. (AMD) and Intel Corp. (INTC) have a slowing in the handset business then they will attack markets where Silicon Storage is, he said. Piersol said that in Asia there is lack of interest in wireless application protocol technology and there is a shift from high-end phones to lower-end phones. Jonathan Joseph, an analyst at Solomon Smith Barney, said there were comments made out of Taiwan about the weakness in flash memory, and that is partially why Silicon Storage's stock is getting hit. Some MP3 makers said they were seeing weaker-than-expected demand for their players and that they were selling the excess inventory, including flash memory, on the Taiwan spot market, Joseph said. The Taiwan spot market is where products are sold and bought when they aren't in contract. Shares of Silicon Storage were recently trading down 7.1%, or 6, at 79 3/16, on volume of 4.1 million shares. Average daily volume is 1 million shares. Officials at Silicon Storage weren't immediately available for comment. (MORE) DOW JONES NEWS 06-28-00 02:18 PM

To: wily who wrote (12390)	6/29/2000 7:14:00 PM
From: Sam	Read Replies (1) \| Respond to of 60323

OT--ENER Wily, Thanks for bringing me up to date on SOv. It is true that I stopped following them sometime in the mid-80s, after I took my loss. I will never forget it, though. I don't think I exaggerate how much money they have burned through. Back then, one of the reasons I bought a few shares of their stock (one of the very first companies that I bought into) was that they had so many blue chip energy companies throwing R&D dollars at them. It seemed like a never-ending stream. I vividly recall the broker enumerating them, in his very excited voice, and urging me to just buy a few shares and forget about them, put them in a drawer and let them bubble, along with Shell, Mobil, and the others (I do forget all of the specific companies, I recall vividly the tone, though). Anyway, my skepticism about the company remains boundless, though it's true, it isn't based on events of the 90s. Sam