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


To: billcasto who wrote (1279)11/19/2000 9:27:01 AM
From: im a survivor  Read Replies (1) | Respond to of 1881
 
Just remember, eventually the shorts nust cover their position by buying stock. The larger the short position, the bigger the jump the stock will take when the shorts cover.

In my opinion, this is great for ssti. First, they should move up nicely based on plain ole fundamentals, whenever the market as a whole gets healthy again. At this time, the shorts....and alot of them at that.....will cover and it has the potential to create an explosive upside move. Secondly, it is a great price, very nicely valued and at full capacity thru next year, so no worries about slowdowns and earning warnings. Remember, this is a company that has blown away the numbers for 5 or 6 straight quarters now and they said their biggest problem is not being able to keep up with demand.

I would not want to be short ssti, and for those that are, they will cover soon enough.

Keith