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

To: FastC6 who wrote (1411)12/20/2000 6:47:04 PM
From: 5handicap  Read Replies (2) | Respond to of 1881
 
Good question, how much longer can this stock stay down? It all comes down to the company coming through with earnings. Even now when the market has crashed and it seems the bleakest, we are trading at a trailing pe of 13. IMHO, it's likely that one month from now (earnings day) we will be at a similar or higher pe, but not lower. That would put ssti at $15.50, minimum. If you continue this over the course of the 2001 year, ssti is a 4 bagger from here, again assuming the $2.90 number is attained.



To: FastC6 who wrote (1411)12/20/2000 7:03:58 PM
From: hueyone  Respond to of 1881
 
Well Snake Eyes, It sounds like you have changed your statement from "They will hold the stock down until the fundamental picture changes for the worse. Take that to the bank" to "The question Huey, is how much longer will they continue their objective?"

Glad you see it my way now Snake Eyes. (gg)

Best, Huey


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