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

To: John Sikora who wrote (1581)	1/25/2001 11:23:56 AM
From: orkrious	Read Replies (3) \| Respond to of 1881

Here's what Don Luskin at TheStreet.com says thestreet.com subscribers only Don Luskin Silicon Storage 1/25/01 10:44 AM ET Silicon Storage (SSTI) is getting crushed today -- partly sympathy with Sandisk's disappointment, and partly because they've announced delay in reporting. Our analyst Matt Hougan called their CFO, Jeff Garon, this morning. Garon was brusk, but we interepret his remarks as encouraging. To closely paraphrase, he said "You just have to take it at face value... no contracts to finalize, we just have a lot of numbers to crunch and we want to make sure we get it right. Any way you look at it, this was the busiest quarter and year in SSTI's history, and we just have a lot of numbers to crunch." We think they're in a better position than Sandisk, and we take Garon's remarks at face value. It hurts to have a position down 20%, but we're taking the opportunity to buy more here. We've learned this earnings season that reports are well received when the expectations are set the lowest to begin with. This should just about do that, eh? Jay