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


To: Steeny who wrote (1571)1/25/2001 2:53:31 AM
From: Craig Freeman  Read Replies (2) | Respond to of 1881
 
Steeny, re: "Their CFO needs to explain this delay."

SSTI is trading now at $16-and-change on Island. That's ~$200M in market cap down from the day's end. IMHO, there are only two possible explanations for SSTI's delay in reporting:

1) The CFO died unexpectedly.

2) The CFO was fired because he didn't commit suicide when he first realized that his staff was running late.

Unless somebody got bought my somebody in the past couple of days, this delay can only mean "bad news" :-(

Craig