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Technology Stocks : WDC/Sandisk Corporation
WDC 176.34-5.8%Dec 12 9:30 AM EST

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To: Jim Greif who wrote (561)6/26/1997 9:19:00 PM
From: Carlos   of 60323
 
SNDK's upward move in price and volume is far more than simply a rise with the tide. HP's news releases yesterday, which were reiterated today, are among the most significant news events implicitly supporting CompactFlash as THE industry standard for digital photo storage. Remember that SNDK was recently announced as the supplier of CompactFlash cards for the HP320LX and Psion palmtops. While SNDK still has major competitors in the removable card arena, this implies significant support from an influencial player in the industry who has already designed-in and selected SNDK's card for another HP product.

The move up is simply in anticipation of CompactFlash being established as the industry standard.

Read the recent releases on HP's news webpage, and the newswires.
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