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

To: Dealer who wrote (6731)	10/9/2000 2:48:29 PM
From: Dealer	Respond to of 65232

SSTI--From Briefing.com 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