WDC/Sandisk Corporation Message Board

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Technology Stocks : WDC/Sandisk Corporation

WDC 201.25

+7.1%

9:55 AM EST

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From: skeezixx	10/17/2004 2:18:50 AM
	Read Replies (1) of 60323

Regarding SanDisk, I've got a serious case of the blues ( margin call due on Oct.22) and would appreciate guidance as a medium term investor (4 to 6 months.) Some disturbing numbers on demand: 1. Average estimate for 3Q revenues was for 456 M. The actual was 408, a decrease of 10.52%. 2. Actual 2Q royalties were 42.0 M. Actual 3Q royalties were 42.9 M. Estimate for 4Q of 30 to 35 M. Concerning supply: Sndk estimated product gross margins for 3Q of 30 to 32%. Actual was 29%. (Actual for 2Q was 35%.) Guidance for 4Q of 27 to 30%. I invested in this company because I believed that demand would rise sequentially every quarter during 2004. Can you please provide a realistic target price through, say, Jan. 20,2005? Or, anything to make me feel better? Thanks for your experience on this intelligent board - unlike Yahoo!

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