John, Mike & Tom's <b>Wild World of Stocks</b> Message Board

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Technology Stocks : John, Mike & Tom's Wild World of Stocks

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To: wlheatmoon who wrote (710)	3/29/2000 9:52:00 PM
From: John Pitera	Read Replies (1) of 2850

I heard that at yesterday's PALM meeting, the PALM exec's were saying that a shortage of Flash Memory chips was impacting their business and bottom line. We need to pay a lot of attention to SSTI, SNDK etc. VRTS bought SEG today, since SEG was a major holder of VRTS, but I notice that SEG owns 23% of SNDK, that may have been an additional kicker for the deal. SNDK is a nice property. ------------------ SanDisk provides computer storage "sans" disk. The company is a leading maker of flash memory storage devices -- integrated circuits that retain data when power is off (some memory chips lose stored data as soon as power is interrupted). The company's products include removable and embedded memory cards for such products as Eastman Kodak's digital cameras and mobile communication devices made by Nokia and Siemens. It's working with Texas Instruments and others to develop a digital audio player. SanDisk has sales offices in Europe, Asia, and the US. Exports account for about 55% of its sales. Computer storage products maker Seagate Technology owns about 23% of the company.

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