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


To: Sam who wrote (981)10/1/2000 12:13:34 AM
From: tradeyourstocks  Read Replies (2) | Respond to of 1881
 
I'm surprised to see people confused by the announcement to raise more capitol. SSTI is a high growth technology company that is obviously planning for the future, not just the next week (like some of the "investors" around here). Growth costs money and money is what SSTI is getting in this deal. They'll be raising $300 million or so. I bet there are a whole bunch of so called high flying internet companies that would love to raise this kind of dough, but can't.

As a SSTI shareholder should I be concerned about a 6.5% dilution to earnings? Hell no! Not if SSTI is beating growth estimates by >50% each quarter. Who cares about 6.5%? The name of the game is to keep that growth going and that's what the management is planning to do.

If the stock drops SSTI investors should use it as another buying opportunity, I will.

JMHO,
MicroE