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To: Greg h2o who wrote (12542)	7/5/2000 4:10:11 PM
From: luther yow	Respond to of 60323

Well, the day of the analyst hit semi's today, but it looks like our own black cloud (INCA) is still selling at any price. Can you say Seagate or is some other major selling? Luther I'm still adding every day but the buys get smaller.

To: Greg h2o who wrote (12542)	7/5/2000 4:18:11 PM
From: The Prophet	Respond to of 60323

In retrospect, this selloff will be deemed to have been premature, at least with respect to SNDK. First, SNDK is already dramatically oversold as a result of the SEG divestiture. Second, SNDK, as well as other chip stocks such as SSTI and KEM, already have discounted a slowdown. For example, SSTI is growing like gangbusters at a 200% plus clip. Given that current earnings are expected to be above 50 cents, a forward annual earnings stream of $2.00, and given a traditional multiple equal to the growth rate (200), SSTI would be trading at $400, rather than the mid 80s. Even if SSTI's growth were to slow significantly, to say 40%, which is very, very unlikely, the stock is not trading at an unreasonable valuation. Same goes for KEM, which is sold out for the next 12 months, growing at a 100% clip, and margins increasing 35%. It, too, would be trading at 100 times forward earnings (75 cents this coming quarter x4 = $3.00), or $300.00. Third, and most importantly, there is no doubt that we are in the infancy of demand for PDA and digital camera flash memory. Yes, cell phone growth is further along on the S curve, but SNDK's key products are not. I think it's reasonable to believe that when Eli Harari goes out and spends $500 million with Toshiba and $75 million with Tower in order to transform from a fabless to a fab chip company, he's got a pretty good idea what kind of demand is around the corner. The word, "tornado," is the one Eli uses most often. This selloff is just another buying opportunity for the strong. Prophet EOM

To: Greg h2o who wrote (12542)	7/5/2000 4:48:20 PM
From: Dan Spillane	Read Replies (2) \| Respond to of 60323

How badly is the SSB analyst lying? SSB says slowdown in cell phones? The last two pieces of news from that sector came out in the last 24 hours, from Europe and from China, and were very positive. From Europe: Vodafone 6.6 million mobile users added (vs. 5.8 million estimate) biz.yahoo.com From China, eight million users added to China Unicom just since the end of last year: Tuesday July 4, 3:25 am Eastern Time "China Unicom was also gaining ground, as investors continued to buy on news of a 90 percent surge in the company's subscriber level to over eight million since the end of last year, traders said. biz.yahoo.com