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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank

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To: Jenna who wrote (119906)12/21/2000 10:16:16 AM
From: Dave Gore  Read Replies (1) of 120523
 
SNDK tank to 28 is unbelievable. Had to buy some. Reasonable PE; downgraded but this is nuts for a qulaity flash storage co.

Princeton, New Jersey, Dec. 21 (Bloomberg Data) -- SanDisk Corp. (SNDK
US) was downgraded to near-term ``accumulate'' from near-term ``buy'' by
analyst Christopher Danely at Merrill Lynch. The long-term rating remained
``buy.''
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