Silicon Storage Technology, Inc. (SSTI)

TSIF (98.76) Submitted: 11/13/2009 12:24:25 PM : Start Price: $2.20 SSTI Score: -1.38

I'll bite on this one. Silicon Storage Technology indicated today that they will be purchased by a private firm for $200 Million or $2.10 per share. Share price spiked well above $2.20. ($210 Million). I see some of the speculation that caused this apparent "overshoot", but is it worth your hard earned coin. IT is true that Silicon's books show assets/cash, (if you value inventory at the level they have it) at $240-$250 Million. The investor is getting it for "free" and then some. It's possible, (likely) that a class action suit from jilted investors will follow. Some of the larger institutional holders may be happy to get out at $2.10 or may scream as well. SSTI has never been a high flyer, but some see potential as the semiconductor business improves. Personally, I can't see bidding this up above the offer price. The typical share price of a company with a strong outlook of closing a merger is about 95-97% of the offer price as a small profit is all you can expect for holding onto an equity until it closes and you get the final price. I believe the S&P will go up the rest of this year, Silicon Imaging is destined to slide downward, a class action suite would be questionable and just continue to drain the companies resources and limit the investor grade of this company.

JohanHansen (71.40) Submitted: 8/11/2009 2:09:20 PM : Start Price: $1.77 SSTI Score: +15.82

Looking for Low price 10 baggers 8/11/09

nibs61 (72.13) Submitted: 4/23/2009 7:40:01 AM : Start Price: $2.04 SSTI Score: -21.38

I have owned this one for quite a while and just won't quit on this company or their products. They continue to develop many outstanding products and will rebound when the consumer starts to spend again. They have gone through downgrading their outlook and cutting jobs so maybe they will have a better earnings report and will start their upward trend........finally.

Trimalerus (99.67) Submitted: 4/4/2009 5:27:58 AM : Start Price: $1.82 SSTI Score: -10.31

Semiconductors have been trampled in the markets stampede to the bottom, but this is one penny that should float to the top in the next year or so. Flash memory & Wireless Networking are growing markets in IT. Near 52 week low, good bet over the long haul. Innovative Micro-cap underdog.

ilovestocks85 (92.12) Submitted: 1/8/2009 1:32:17 AM : Start Price: $2.49 SSTI Score: -34.12

Target of $5

HA65MPH (< 20) Submitted: 6/30/2008 2:18:53 PM : Start Price: $2.80 SSTI Score: -8.51

just cause i think so

apm5743 (< 20) Submitted: 5/23/2008 12:43:57 AM : Start Price: $3.10 SSTI Score: -9.83

good industry and company with much potential for growth

jrhut8 (30.96) Submitted: 5/22/2008 3:59:35 PM : Start Price: $3.11 SSTI Score: -9.61

speaks for itself!

roysalcedo (< 20) Submitted: 4/21/2008 4:19:49 PM : Start Price: $3.02 SSTI Score: -8.46

This stock is a bargain and has struggled and it's ready for a strong rebound.

hoytw (< 20) Submitted: 1/8/2008 2:24:21 PM : Start Price: $2.73 SSTI Score: +1.42

Cnbc recommendation 90 % of stock value is cash, should get there Sec filings in soon and that should help the stock.

coolshaps (< 20) Submitted: 12/9/2007 7:11:34 PM : Start Price: $3.07 SSTI Score: -3.24

Peterleeds.com

utosweet (24.88) Submitted: 12/7/2007 9:53:05 AM : Start Price: $3.02 SSTI Score: -2.13

wait and see,has a good team.

kiddkline (< 20) Submitted: 11/4/2007 2:44:29 PM : Start Price: $3.05 SSTI Score: -3.60

The energy saver of Chips.

lazlonian (42.31) Submitted: 4/11/2007 3:36:37 PM : Start Price: $4.98 SSTI Score: -35.74

Flash memory is hot

jstrauss (< 20) Submitted: 1/30/2007 4:50:02 PM : Start Price: $5.14 SSTI Score: -38.16

Flash Memory market exploding... SSTI is a major supplier...

NetscribeTech (37.81) Submitted: 1/22/2007 7:49:41 AM : Start Price: $4.86 SSTI Score: -35.40

Silicon Storage Technology (SSTI) is a supplier of flash memory semiconductor devices, which caters to digital consumer, networking, wireless communications and internet computing markets. With products offerings over 90, it also licenses its patented SuperFlash technology to semiconductor companies for applications in semiconductor devices that integrate flash memory with other functions on a single chip.

Buoyed by strong demand, global semiconductor sales are expected to reach $309 billion by 2008, surpassing $240 billion reported in 2006. Communication applications and the PC segment remains the largest markets for semiconductors in the years to come. Endorsing the same, its revenues surged 8.9% in 3Q’06 as entry into new markets and introduction of new products provided some stability to its top-line.

Endorsing the market trends, the outlook looks bright for SSTI as growth in non-memory products and licensing income should help improve margins and EPS. The company is shifting to smaller geometry production processes that should allow it to lower cost structure and improve gross margins in the face of declining ASP products. SSTI has a broader base of customers including Apple Computer, and expected to drive non-memory product growth by 46% in 2007.

SSTI is demonstrating improving returns on capital, operating efficiencies and stronger cash flows. Expanding market opportunities in notebook PCs, cellular handsets, flat panel TVs, and portable electronic devices should translate into improved revenue growth for the company, driving the stock price to new highs.