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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?

To: Dealer who wrote (3900)	9/27/2000 8:33:19 AM
From: Dealer	Read Replies (1) \| Respond to of 65232

SSTI--SST sees record quarter --8:23 am - By Emily Church Silicon Storage Technology [SSTI] said it expects record results in its third quarter and that revenue will rise 45 percent over the second quarter to over $150 million. The company, which designs a variety of flash memory devices, also said it sees earnings per share for the quarter over 35 cents a share. Analysts are expecting earnings of 28 cents, according to First Call. SST is attributing the above-forecast revenue and profit to "better-than-expected yield improvements and production ramp at certain foundry partners of several new products, which carry improved gross margins." The company also said "demand for our products continues to outstrip our capability to supply. We expect this situation to last well into 2001."