tekboy... RE: Any SNDK holders (bullish or bearish) care to comment?
if you've been poking around on the SNDK thread, you have probably already seen this, but it bears mentioning here:
go2net.newsalert.com
U.S. Army Awards Multi-Million Dollar Contract to Kaneb Technology Unit to Buy More Than Two Million SanDisk PICs Over 5 Years to Store Medical Data for Soldiers; The SanDisk PIC Is Also Targeted At The General Health Care Market For The Capture And Storage Of Civilian Medical Records
Eli Harari, SanDisk's president and CEO, said, "The PIC represents an exciting new market for SanDisk with immense potential in the storage of personal information. This broad market includes military agencies, government departments and health care companies worldwide. SanDisk intends to aggressively promote the PIC to hospitals, HMOs, university medical centers, clinics, nursing homes, insurance companies and numerous other entities involved in the health care field. We are pleased to have a marketing agreement with Kaneb's subsidiary, InformaTech Inc., to address market opportunities in the military and government sectors and various other vertical markets such as telemedicine."
The PIC is a key enabling technology within the DoD's presidentially-mandated Force Health Protection Program. The PIC is intended to fill the data gap identified during the Persian Gulf War in which the past medical data of service personnel was not always available on the battlefield. In the paper-based system, treatments and exposures during field operations were not consistently documented. Incomplete and non-electronic repositories of medical data after deployment hindered data collection for population-based medical analysis. This complicated investigations into the Persian Gulf illness, according to the DoD.
While Orwell may be cringing somewhere, the possibilities seem pretty huge. It's not unrealistic to think that the military's adoption of this technology could help create a de-facto standard. |
