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Technology Stocks : WDC/Sandisk Corporation
WDC 221.51-0.3%Jan 16 9:30 AM EST
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To: Eric Ajimine who wrote (6528)7/27/1999 8:45:00 AM
From: Sam  Read Replies (1) of 60323
 
Eric,
To be a little more specific, perhaps, look at the rate of growth of revenues: from about $23m to $42m. Holders or buyers of Sandisk believe that rate will be maintained exceeded over the next couple of years as their markets come into play. Flash memory is just becoming a category that investors recognize now, and will be ubiquitous in portable electronics from MP3 players to cell phones to digital cameras to electronic books to .... let your imagination fly. Flash could even be in cars, storing maps for global positioning devices. Sandisk has, as you can tell from their royalty income, valuable intellectual property which allow them to collect a nickel when most other companies manufacture flash, as well as their own manufacturing facilities. This is why they are the premier play on flash today.
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