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


To: JOHN N. who wrote (1223)10/29/2000 9:51:21 PM
From: tradeyourstocks  Read Replies (2) | Respond to of 1881
 
<Why does wall street not factor it the tremendous growth of SSTI that has already occurred and is likely for the next few quarters?>

Ok, since you asked I'll give you my explanation. Wall St. DOES know what SSTI is worth and that's why institutions have been buying for the last few months. If you check with your favorite financial website what the institutional ownership is for SSTI it should be somewhere around 50% of the float. A couple of months ago, it was only 30%! Sounds like Wall St. has been accumulating at these prices at the expense of the retail investor.

JMHO,
MicroE