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

To: Steve Lee who wrote (1271)	11/18/2000 12:56:20 PM
From: Steve Lee	Respond to of 1881

SSTI asking court to reimpose stay of ITC exclusion order. IMO, SSTI is either very confident on this one or are going to be adversely affected by losing the case more than they make out. I vote for the confidence theory <vbg>. ssti.com SST Responds to ATMEL Announcement Regarding Enforcement of ITC Exclusion Order SUNNYVALE, Calif., Nov.16, 2000 -- SST (Silicon Storage Technology, Inc.) (Nasdaq: SSTI) announced today that it will request that the U.S. Court of Appeals issue a renewed stay of the U.S. International Trade Commission’s order prohibiting the importation into the U.S. of certain SST flash memory products manufactured for it by Sanyo Electric Co., Ltd. in Japan. Yesterday the Court lifted the stay of the ITC’s exclusion order, which it granted soon after the Exclusion Order was issued. “The Court’s stay was based primarily on the fact that the ITC made its exclusion order effective weeks before issuing an opinion giving the legal or factual basis for its action,” said Daniel Johnson, Jr., attorney for SST. “Now that we have the Opinion, and can point out numerous errors made by the Commission, we will ask the Court of Appeals to stay the effect of the Exclusion Order until this matter can be resolved on appeal.” Mr. Johnson also noted that the lifting of the stay does not alter the scope of the ITC’s Order, which affects only those parts manufactured by Sanyo for SST and imported into the U.S. as discreet stand alone devices, not devices embedded in other products by SST’s customers. The majority of SST’s products - those manufactured for it by other parties, and those sold to customers outside the U.S. - are not affected.

To: Steve Lee who wrote (1271)	12/21/2000 12:59:00 PM
From: hueyone	Respond to of 1881

re: Here's a good article on SSTI from August 99. Steve, I think this 1999 Forbes artice you brought to the thread that talks about SST's change in focus is worth rerprinting: forbes.com The street is not yet recognizing the new SST that has successfully turned around its business to become a top line flash producer. Last quarter, SST's product revenues exceeded that of SNDK (excluding royalties) 162 million to 152 million, and its overall flash revenues exceeded that of Atmel's, 164 million to 143 million. With the coming January earnings report, I believe SST will widen its lead and begin to cement a new position as the number three flash company in the United States behind Intel and AMD. (Note: As most of you are aware, SNDK is an excellent, quality company that targets a different area of flash and I certainly do not mean to cast any apersion its way. ) I suspect SST could be successful at establishing itself as the gorilla of low density code storage---the faster growing segment in flash memory. As Bing noted in the recent CSFB presentation, the street is "grossly discounting SST's Superflash IP" as well as SST's diverse product line. At the end of 1998, SST had only 4 products; at the end of 1999 it had 46 products, by the end of this calendar year it should have 76 products. SST is successfully leveraging Superflash in to many products. This is not the SST of 1997 and the street has presented us with a great Christmas gift buying opportunity. I am betting against the street's sorry analysis here and recently increased my position in the 10s and 13s. Of course I did not pick the bottom and I don't understand ^%&*# about TA, but I believe I will be very happy one year from now. I am enjoying the many high quality posters that are showing up around here and I look forward to continuing discussions with all of you under happier circumstances as the steet grudgingly begins to give this company its due. Merry Christmas, Huey