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

To: lenpagon who wrote (969)	9/30/2000 2:42:36 PM
From: unclewest	Read Replies (1) \| Respond to of 1881

good question...i'll put up a little time matrix. jul 18... ssti reports $103 million in revenues and $.71 in earnings ($.24 split adjusted) jul 19... CSFB sets $135 price target (pre-split) or $45 jul 19... CEUT sets $190 price target (pre-split) or $63.3 sep 17... first union starts ssti as strong buy all of these 3 analyst actions imo were based on the earnings release in july. aug 14... ssti splits 3x1 sep 27... ssti pre-announces >$150 million in revenues and >$.35 in earnings. and the company gives the following guidance, "It can't produce enough of its products to meet the demand, the company said, and plans to keep expanding capacity." this is 50% or higher revenues and 50% or higher earnings over the previous quarter...+330% in revenues and 1700% in earnings over the previous year...and a projection of continuous growth. do the analysts now reward ssti by raising the bar again? i believe they have to. i see this as a terrific opportunity to reduce the pe in my portfolio, during these trying times, without sacrificing high growth. based on $.35 per share per quarter and friday's close, the one year forward PE is >20. unclewest