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Strategies & Market Trends : Gorilla and King Portfolio Candidates

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To: tekboy who wrote (16572)	1/27/2000 6:22:00 AM
From: Ausdauer	of 54805

Tekboy and G.G. Thread, The Gorilla and King Portfolio candidates Thread appears to be "standing room only" of late based on the increase in the average volume of daily posts since I first was pointed here by NYStew earlier in 1999. In any case, I wanted to give a year end summary of important milestones from the SanDisk Thread in follow-up of my earlier series of posts here many months ago. The highlights are summarized in this post... Message 12695409 SanDisk reported its fiscal year 1999 results last night after the market close. The total revenues ended up at just under $250 million with EPS of 95½ (fully diluted 86½). As anticipated, royalty revenues accounted for some $41 million dollars of total revenues. Product revenues have been constrained by the fabless manufacturing/design model that SanDisk has employed. The company is booked out for the first 2 quarters of 2000 with all anticipated production being spoken for. New bookings for the third quarter beginning in June are now being received. In order to increase manufacturing capacity SanDisk issued 5 million new shares in a secondary offering that yielded over $300 million in cash, bringing total cash on the balance sheet to $460 million (not including one-time gains of $344 million to be recognized in Q2 of 2000 from a previous investment). siliconinvestor.com The proposed J.V. between SanDisk's and its chief competitor, Toshiba, contemplates a pooling of their intellectual properties and engineering/manufacturing prowess into a single entity. CompactFlash has clearly distinguished itself during the course of 1999 as the dominant, defacto standard for digital photography. CompactFlash shipments accounted for some 64% of product revenues in Q4 of 1999 and market demand for this product is insatiable given the rapid adoption of digital photography. Samples of 2.1 megapixel photos here... albums.photopoint.com note: all photo file sizes are under 75 kb, most are under 50 kb. We on the SanDisk Thread remain hopeful that pending litigation regarding CompactFlash assembly patents will be settled in SanDisk's favor during the next 3 to 12 months. As most on this thread likely know, flash memory has become a vital component in many electronics devices that are currently on the market or are soon to be released. The digital camera, internet music, handheld computing and cellular/web enabled phone markets continue to provide a strong demand for SanDisk and its memory storage products. Ausdauer *SanDisk...We put the "dig it!"* in digital.**

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