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

To: peter grossman who wrote (1041)	10/9/2000 2:45:02 PM
From: Martin A. Haas, Jr.	Read Replies (1) \| Respond to of 1881

Peter and others, from Briefing.Com today: Silicon Storage (SSTI) 21 3/16 -7/8: If you're like most tech investors: a) you're seeing red - lots of it b) you're wondering if the current tech wreck will ever end and c) you want to know what stocks to own coming out of the correction. While a case can be made for continued sharp losses in the Nasdaq, Briefing.com contends that the risks of such are relatively low - especially given the already deeply oversold condition of the sector and the fact that earnings about to kick in. The good news on the earnings front will calm fears and result in a nice recovery rally. New highs? Highly doubtful, but a meaningful advance nonetheless. So if we're right and the bleeding is about to stop, what stocks look good at the moment. Tough to find much, but one that jumps off the page to us is Silicon Storage (SSTI)... First of all the company recently preannounced better than expected results. In other words we don't have to worry about their numbers. Second, while many stocks in the sector are taking out one support level after another, SSTI has managed to hold above pivotal support at 20. Finally, the recent slide off its highs leaves SSTI trading at attractive valuation levels. SSTI is projected to earn $1.04 in FY00 and $1.86 in FY01, with an estimated 5-yr growth rate of 37%. Stock's price to sales ratio is also well below that of its industry... SSTI due to report result on 10/12... As industry/market conditions improve, Briefing.com expects SSTI to retest the 30 area. -- Robert Walberg, Briefing.com Regards, Marty

To: peter grossman who wrote (1041)	10/9/2000 7:41:43 PM
From: docpaul	Respond to of 1881

<<Personally, I think obtaining the cash to invest in the future in a wildly growing market is fine, but in the short term, it inhibits share price appreciation. Am I missing something?>> If you're a long term investor like I am, then.. no, I doubt it. If the bears have their way of things, then I wouldn't be surprised if the stock tests the 20 level at some point again. Being invested in this stock however for some time though has given me a healthy understanding of what it means to chase a stock up. These opportunities to buy the stock at this level will be limited, in my opinion. The only thing you'd be "missing" as you point out, would be more potential profits.. I however, refuse to gamble on the macroeconomics of NASDAQ b/c I believe it to be a fool's game. I feel it safe to gamble however, on the fundamentals of this company, and believe the secondary / convertible are a necessary evil to future good growth. In regards to your questions on interpretations of the S3-A.. I'm a doctor, and not a lawyer, so not as qualified to answer. Perhaps you could call SSTI investor relations and ask for yourself.. shrug. My comments in regards to moving upwards relate to 1) wrapping up the S3's, 2) understanding the purpose of the monies raised, and 3) knowing the institutions involved in pushing the deal. Hope this helps, and good luck to you docpaul

To: peter grossman who wrote (1041)	10/9/2000 7:42:07 PM
From: docpaul	Read Replies (1) \| Respond to of 1881

<<Personally, I think obtaining the cash to invest in the future in a wildly growing market is fine, but in the short term, it inhibits share price appreciation. Am I missing something?>> If you're a long term investor like I am, then.. no, I doubt it. If the bears have their way of things, then I wouldn't be surprised if the stock tests the 20 level at some point again. Being invested in this stock however for some time though has given me a healthy understanding of what it means to chase a stock up. These opportunities to buy the stock at this level will be limited, in my opinion. The only thing you'd be "missing" as you point out, would be more potential profits.. I however, refuse to gamble on the macroeconomics of NASDAQ b/c I believe it to be a fool's game. I feel it safe to gamble however, on the fundamentals of this company, and believe the secondary / convertible are a necessary evil to future good growth. In regards to your questions on interpretations of the S3-A.. I'm a doctor, and not a lawyer, so not as qualified to answer. Perhaps you could call SSTI investor relations and ask for yourself.. shrug. My comments in regards to moving upwards relate to 1) wrapping up the S3's, 2) understanding the purpose of the monies raised, and 3) knowing the institutions involved in pushing the deal. Hope this helps, and good luck to you docpaul