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Technology Stocks
STEC-Simple Technology, Inc.

An SI Board Since October 2000

Posts	SubjectMarks	Bans	Symbol
22	3	0	STEC

Emcee: CrayUSA	Type: Unmoderated

Introduction Market Data Compact

STEC--"Simple Technology is no oxymoron. The company specializes in memory products, including DRAM (dynamic random-access memory), SRAM (static random-access memory), and flash memories. Its memories are used in products such as PCs and laptop computers, networking equipment, medical instrumentation, and digital cameras. Its Aftermarket Division (three-quarters of sales) mainly sells upgrades through distributors (Avnet), resellers (PC Service Source), and retailers (Best Buy). Its OEM Division sells memories for new systems to such manufacturers as Dell, Motorola, and Xerox. Primary shareholders include co-founders and brothers Manouch (CEO), Mike (president), and Mark (COO) Moshayedi."

For the 6 months ended 6/30/00, net revenues rose 59% to $132.6M. Proforma net income totaled $7M, up from $1M.

Date went public: Sep 29, 2000
Filing Date: Mar 15, 2000

Proposed offer price: $10.00 to $12.00
Actual offer price: $11.00
First day open: $11.50
First day close: $9.69
Shares offered (mil.): 6.36
Offering amount (mil.): $70.0
Post-offering shares (mil.): 37.0

Underwriters:
Lehman Brothers Incorporated
Banc of America Securities LLC
Fidelity Capital Markets

Price 7 9/16, Float 6.4M, Shares outstanding 37M, MCAP 279.6M

Latest news: biz.yahoo.com

Go to reply# or date (mm/dd/yy):

Reply	Message Preview	From	Recs	Posted
22	Any one home ? I'm still holding on. Nice volume and movement. Someone bough	herenow_2	-	5/29/2001
21	STEC---still in. They report Feb. 5. Flash memory sector beaten down. SNDK and S	CrayUSA	-	1/31/2001
20	What makes you think that it will move up at all ?	Numberspro	-	12/7/2000
19	STEC---This stock will should get past it's IPO price of 11 sometime. By the	CrayUSA	-	12/7/2000
18	STEC--yes, I'm still buying this stock. Last purchase 3 1/4. Cray	CrayUSA	-	11/30/2000
17	WallStreeReporter.Com CEO interview. Says analyst projections are on target for	herenow_2	-	11/17/2000
16	STEC---Semi's making comeback...STEC should participate. Cray	CrayUSA	-	11/15/2000
15	I am in at 6 11/16. Think downside from here is very minimal.	Herring	-	11/9/2000
14	STEC--people are just scared to buy a good company because of all the sector war	CrayUSA	-	10/25/2000
13	Simple Technology Announces Record Revenues and Operating Income For Third Quart	Rutgers	-	10/24/2000
12	Didn't get in yet, was working today. Wish I was home trading though, this i	WalkAway	-	10/19/2000
11	STEC-I hope you got it at a good price today. Current market conditions can chan	CrayUSA	-	10/19/2000
10	I like STEC, but I might as well try to get in as cheap as possible. With curren	WalkAway	-	10/18/2000
9	Bad news apparently over for INTC. Could make a comeback and bring sector with i	CrayUSA	-	10/18/2000
8	There have been rumors that earnings will be strong in this sector. STEC looks l	WalkAway	-	10/15/2000
7	Yes it is and my money is parked. SSTI up in afterhours, AMD mentions flash. Lo	QUISP_	-	10/12/2000
6	STEC---It has moved yet, however it has been a nice safe haven so far in the car	CrayUSA	-	10/12/2000
5	Quisp- Thanks for answering Larry. Sounds like a reasonable explanation. As far	CrayUSA	-	10/9/2000
4	He wants to know..whats wrong with that? MU? Well, its a MU and a SNDK . prof	QUISP_	-	10/9/2000
3	Larry, What is your point ? Cray	CrayUSA	-	10/9/2000
2	A few questions: (1) What does STEC do that MU can not do ? (2) What is price of	TREND1	-	10/8/2000
1	STEC--This company has the potential to be a real Gem. Cray	CrayUSA	-	10/8/2000

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