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

To: Tom Pulley who wrote (1861)	4/27/2002 4:56:28 PM
From: Steve Lee	Respond to of 1881

Seems to be a memory specific thing. The DRAM makers have seen a recovery so it is feasible that flash as a segment can be doing better than logic for example. The units being ordered may have increased slightly while prices have gone up?

To: Tom Pulley who wrote (1861)	4/28/2002 11:05:29 AM
From: docpaul	Read Replies (1) \| Respond to of 1881

Tom, <<That is quite an extraordinary statement I would think. Am I missing something or is he saying that we will see some huge revenue increases over the next quarter or two.>> When SSTI sells a piece of flash, there's a couple of ways in which it's booked. The most common mechanism is an OEM telling SST they need 20K of a particular part, SST contracting one of their fabs to burn off the wafers, SST packaging the dies, and then selling it. Kinda like a reservation. Needless to say, this takes some time. A lot of this recent business on the other hand has been what's called "turns" business, where SST has an expectation that a particular part will be in demand, and they carry it in inventory. They book and sell the flash in the same quarter, sometimes as fast as 1-2 days. So when you see 52% in bookings, a lot of that affected this quarter's bottom line. That's not to disparage the number, which I also believe is fairly impressive. Whether those bookings are now, or later, I think it's solid evidence that OEM inventories have burned down, and placed some pricing control back into SST's hands.. Hope this helps, docpaul