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Technology Stocks : Applied Materials No-Politics Thread (AMAT) -- Ignore unavailable to you. Want to Upgrade?

To: Road Walker who wrote (4658)	12/27/2002 8:34:08 AM
From: Proud_Infidel	Read Replies (2) \| Respond to of 25522

Flash firm lowers Q4 guidance, ASPs to blame Semiconductor Business News (12/27/02 04:35 a.m. EST) SUNNYVALE, Calif. -- Sales revenue in the fourth quarter of 2002 at Silicon Storage Technology Inc. is now expected to be 6% to 10% down from that of the third quarter, compared to previous guidance of flat to 3% down, the company said yesterday (December 26, 2002). Sunnyvale-based SST is a fabless developer, vendor and licensor of non-volatile memory products and technology and counts IBM Microelectronics, Motorola, National Semiconductor, NEC, Samsung and TSMC amongst its manufacturing partners and licensees. SST ascribed the revenue shortfall to average selling prices that have declined more than expected. Unit shipments in the fourth quarter are expected to be flat to slightly above the level shipped in the third quarter.

To: Road Walker who wrote (4658)	12/27/2002 10:45:04 AM
From: Sarmad Y. Hermiz	Read Replies (1) \| Respond to of 25522

>> A dollar spent on capital goods gets spend many times, as it flows downhill though suppliers and workers, and those that serve them. It's an important part of the economic growth engine. << John, In the thirties, John M. Keynes proposed that for England to get out of depression, the government should hire some people, equip them with shovels, and pay them to bury money under the ground. Then allow others to dig the money out, and keep the proceeds. So that when they spend their found money, the economy revives. I think so far that is still the only idea economists can come up with. Sarmad