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

To: im a survivor who wrote (1187)	10/20/2000 2:27:49 PM
From: im a survivor	Read Replies (2) \| Respond to of 1881

By the way....in looking at the market, even after this correction, there are still plenty of overbloated pigs out there. When you look at the numbers, fundamentals and etc, etc, why would anybody in their right mind short SSTI at this level. Sure, it is slightly speculative, but only slightly. The quarterly's said an awful lot. Not only are they very cash positive, way undervalued, but sheesh, look at future growth potential. If you think this is undervalued now, wait til next year at this time when we are at $75 a share, and we will still be extremely undervalued at that time if projections are accurate. I just can't imagine why anybody would short this. Even if it does gap down, where will resistance be met...My point being, you have high triple digit pe bloated pigs selling at a zillion times future earnings....$100 - $300 a share, yet we have a large short position in SSTI????...a company with such a low pe it is laughable. If this sucker traded in a similar fashion of other stocks, it would be $150 a share NOW...not next year. Anyway, what is the current short position? Did somebody mention it was half the float??? If so, and even if not....if the short position is high, this thing should get a healthy bounce and the shorts are gonna find out what it'slike to lose 85% of your investement in the blink of an eye. JMHOOC....but numbers dont lie, and the quarterly's are there for anybody to take a look at......by the way, wasn't this the 5th straight quarter that SSTI blew the numbers away.....and is future guidance still not extremely favorable?? Just thought I'd ask <ggg>