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


To: 5handicap who wrote (1412)12/20/2000 11:27:07 PM
From: hueyone  Respond to of 1881
 
I haven't seen this article written yesterday posted here yet. The article sounds rather glum for the semis, but
suggests SNDK and SSTI might be less affected by the semi rout because the flash market is so strong. I certainly haven't seen SST's stock price unaffected by the rout, but anyway:

thestreet.com

And while some chipmakers may find themselves less affected by this industry routing -- like SanDisk (SNDK:Nasdaq - news), Silicon Storage (SSTI:Nasdaq - news) and others with a large exposure to the still-in-demand flash memory used in personal digital assistants -- there won't be many places to hide.

Best, Huey



To: 5handicap who wrote (1412)12/21/2000 10:02:10 AM
From: John Madarasz  Read Replies (2) | Respond to of 1881
 
Gap at $8.75 from 12/2/99

When that fills I would imagine a base will get put in and build from there.

Cash flow is terrible here though... this co. raises cash by selling debt and issuing stock.