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


To: Dave B who wrote (1326)12/8/2000 8:31:01 AM
From: im a survivor  Respond to of 1881
 
Additionally, intelnews was old....most expected a warning...they have already told us to expect this and it has already been whacked, therfor, the bad news was at first taken as bad news and then seen as an opportunity.

Most of the naz is beaten down....expect more warnings with short term volatility but with 40 billion in new cash on the sidelines waiting to enter the market, the naz already beaten down....election mess hopefully near an end.....fed going to neutral or lowering rates.....and we should be closer to a bottom then a top.

The otherday naz set a record for biggest 1 day gain. Easy to do with naz at 2500 and so much money waiting to go in...i expect the naz will experience a couple more 300+ point days in the near to short term. Lots of shorts to cover....fed easing.....discount tech prices.......man, when the houses are full stocked and this mess is behind us, look out above.

SSTI and ATML specific...both oversold, both great buys in here. Neither is going to pull a NTAP or QCOM and go up $30 in one day, but my guess is those that hold these two companies should be well rewarded. JMO

keith