SNDK Gorilla Update
I found this trolling TMF, and haven't confirmed where it's from/and or its legitimacy.
It is supposed to be from a broker. However, whether it's apocryphal or not, it summarizes current thinking on SNDK's place in the flash world
SANDISK, having more than doubled in conjunction with its recent
stock split, may be too high to accumulate at the moment. Seagate,
which recently thought about selling some of its investment in
SanDisk, reconsidered when the shares began to soar earlier this
year. That was a wise decision, for two reasons. Last Friday,
arguments were submitted to a Federal court concerning the patent
infringement action against Lexar. A favorable decision on this key
case has far reaching implications, as it will confirm that SanDisk,
like QUALCOMM, holds a patent portfolio of considerable value that is
not shown on the books. A decision should come within the next 60
days. Second, SanDisk has just been granted another patent on the
design and construction of a flash memory chip, on the encasement of
the printed circuit board in plastic, and on the actual design and
shape of the metal contacts that connect the unit to a computer,
camera, or other appliance. This patent, frankly, is so broad and
covers such a large range of applications that it ensures the
dominance of SanDisk in the fast growing market for nonvolatile,
solid state digital storage. Investors henceforth will see a lot
more licensing and royalty payments to SanDisk. Because of the
extreme volatility of these shares, it may be possible to buy them at
prices below 130, but not much below that. |
