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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?

To: im a survivor who wrote (23071)	12/8/2000 12:52:14 PM
From: Venkie	Read Replies (2) \| Respond to of 65232

brcm looking good

To: im a survivor who wrote (23071)	12/8/2000 1:39:12 PM
From: Mannie	Read Replies (2) \| Respond to of 65232

KG..I hold & will continue to hold SSTI, but here is a negative opinion to consider. Research Analyst: Christopher Conry (12/5/00) Shares of Silicon Storage Technology Inc. (NASDAQ: SSTI - Quotes, News, Boards) have sold off an additional 40%, from $21.81 to around $12.00, since our last Magic 25 update was published on October 16. The primary cause of this decline does not appear to be company-specific. For one, the Nasdaq Composite Index has been in a vicious downtrend, retreating 20% over the same time period, largely due to a rash of disappointing third-quarter earnings reports and tempered management guidance heading into the fourth quarter and 2001. Evidence of excess inventories of chips among the industry's key end-users certainly doesn't help SST's plight. It appears that manufacturers in the wireless handset arena, for example, overestimated cell-phone demand for the next few years, as consumers wait for next-generation "3G" cellular devices to emerge. In the meantime, due to lower handset replacement rates and a maturing European market, most worldwide handset forecasts now fall into a range of 410 million to 420 million unit shipments in 2000, rising to between 525 million and 550 million in 2001. That represents a marked decrease from previous forecasts of about 500 million units in 2000 and 600 million to 650 million units in 2001. These concerns also reach into the broadband IC space, a market in which SST and its flash products have some exposure, including set-top boxes, switches and routers. However, bad news from the personal computer (PC) sector will likely hit closer to home. Gateway Inc. (NYSE: GTW - Quotes, News, Boards) pre-announced last week that early signs from the holiday desktop PC sales channel appear to be abysmal. As a result, the company will fall well short of expectations for the fourth quarter, and anticipates zero revenue growth in this business next year. Other desktop PC giants, including Dell Computer Corp. (NASDAQ: DELL - Quotes, News, Boards) and Apple Computer Inc. (NASDAQ: AAPL - Quotes, News, Boards), and chipmaker Intel Inc. (NASDAQ: INTC - Quotes, News, Boards) all have lowered the bar for sales growth through 2001. And although desktop PC sales at Compaq Computer Corp. (NYSE: CPQ - Quotes, News, Boards) and Hewlett-Packard Co. (NYSE: HWP - Quotes, News, Boards) appear to be on track, inventory buildup and operating margins, respectively, at the companies seem to confirm the overall ill health of this rapidly maturing market. cont...