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

To: unclewest who wrote (948)	9/28/2000 6:57:10 AM
From: unclewest	Respond to of 1881

QCOM and SSTI....news release....just found it. SUNNYVALE, Calif., July 27, 1999 - SST (Silicon Storage Technology, Inc., Nasdaq: SSTI) today announced a collaborative agreement with QUALCOMM Incorporated (Nasdaq: QCOM) for access to SST’s proprietary flash memory technology, SuperFlash®. Under the terms of this agreement, SST will provide QUALCOMM CDMA Technologies with design consultation services for best use of SuperFlash technology in QUALCOMM CDMA Technologies’ application-specific designs. In return, SST will receive consultation from QUALCOMM CDMA Technologies on flash memory product features desirable for future CDMA solutions. SST’s proprietary SuperFlash technology was selected by QUALCOMM CDMA Technologies because of its inherent embedded design advantages that include high reliability, low power consumption, scalability to finer process geometries and availability from multiple wafer foundries. SST’s SuperFlash technology characteristics of small sector size make it ideal for both data and code storage of future generation portable communication devices. “We see a growing need for nonvolatile memory solutions that are simple to integrate into wireless communication devices,” said Don Schrock, president of QUALCOMM CDMA Technologies. “SST’s SuperFlash technology provides the high level of performance and compatibility required to complement our industry-leading Mobile Station Modem (MSM™) solutions.” “We are extremely pleased that QUALCOMM CDMA Technologies has selected SuperFlash technology,” stated Bing Yeh, president and chief executive officer of SST. “This collaborative agreement with QUALCOMM CDMA Technologies is one more example of SST’s on-going commitment to establish SuperFlash as the technology-of-choice for embedded applications. We will put in significant effort to ensure the success of our agreement with QUALCOMM CDMA Technologies. “QUALCOMM CDMA Technologies’ expert guidance will enable us to develop better products to serve the needs of the CDMA cellular handset and the emerging wireless Internet access markets. This agreement is truly a win-win-win situation for both parties and consumers,” added Mr. Yeh. About SuperFlash Technology SST's SuperFlash technology is a NOR type, split-gate cell architecture which uses a reliable thick-oxide process with fewer manufacturing steps resulting in a low-cost, nonvolatile memory solution with excellent data retention and higher reliability. The split-gate NOR SuperFlash architecture facilitates a simple and flexible design suitable for high performance, high reliability, small or medium sector size, in- or off-system programming and a variety of densities, all in a single CMOS-compatible technology.

To: unclewest who wrote (948)	10/1/2000 2:35:06 PM
From: Lynn Goodman	Respond to of 1881

Unclewest, I have been working with O'Neill's system for about a year now, reading the paper daily and learning the chart patterns. I had seen SSTI mentioned on the Gorilla & King Thread, but hadn't put it on my watch list. I saw your reference to it on G&K in the last few days and took a further look. I am blown away by the chart, and if ever I saw a chart where I wouldn't wait for the pivot point, this is it! I agree with you, it's all there, TA and FA. It's the first time I have felt excited in the current market climate. Thanks for the heads up. Lynn

To: unclewest who wrote (948)	10/1/2000 6:48:01 PM
From: StockHawk	Read Replies (2) \| Respond to of 1881

>>in his book "24 essential lessons for investment success", o'neil, in chapter 11, describes the perfect cup and handle. he describes precise parameters to look for in a break out cup and handle formation. he describes the wedging up prior to the cup formation...the cup formation...and the handle formation, and the exact detail to look for in the handle. somewhere in the book (i looked but could readily locate the page.), i believe o'neil explains that 12-16 weeks is the proper time for this formation to develop... ssti... now needs to get over the highest point of the handle which is 34 7/8 set on 29 august...in other words 35 is the breakout<< Hi unclewest, Some more thoughts from O'Neil on the chart pattern: In his more substantial book "How to Make Money in Stocks" on page 162 he notes "One of the most fundamental chart-based price patterns looks like a cup with handle...Cup patterns last, in time duration, from 7 to as many as 65 weeks (most are usually three to six months)." SSTI's cup was formed in 6 weeks. As for the handle: "The forming of the handle area is usually more than one or two weeks in duration..." SSTI has been forming a handle for 4 weeks, so far. "A price drop in a proper handle should be contained within 10% to 15% of its peak unless the stock forms a very large cup...downturns in handles exceeding this percentage during bull markets look wide and erratic and are, in most cases, improper, excessive and risky." As you stated the handle high point was 34 7/8. The low was 25 1/2 on 9/22 which represents a 27% drop. StockHawk