Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Dealer who wrote (37834)	6/14/2001 9:03:56 AM
From: Dealer	Respond to of 65232

SSTI -- Silicon Storage Falls on Warning By TSC Staff 6/14/01 8:57 AM ET Market Update: Nasdaq Loses 2.2%, Dow Slips Almost 1% Rite Aid Surges on Debt-Cutting Plan Credit Suisse Breaks Wall Street's Silence on Kraft Silicon Storage Technology (SSTI:Nasdaq - news) was down 13.3% after the memory chip maker lowered guidance for the second quarter late Wednesday, reducing its EPS estimate to between zero and 3 cents, vs. the consensus estimate of 6 cents. The company now expects revenues between $60 million and $68 million for the period, down from $86 million in the first quarter. Silicon Storage said it is drastically reducing its wafer production rate in reaction to slow sales