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Technology Stocks : WDC/Sandisk Corporation

WDC 173.61

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To: Binx Bolling who wrote (10011)	4/2/2000 1:50:00 PM
From: Sam	Read Replies (2) of 60323

Binx, Thanks for posting the AZ Republic article. I want to excerpt a few paragraphs here just for the record to highlight some of EH's predictions and see if they come true: Wong projects that flash memory card sales will more than double this year to $1.5 billion. Next year, she expects sales to reach $2.8 billion. The dramatic increase comes despite falling prices. Sales of memory card units are expected to grow 168 percent this year to 59 million. Next year, Wong expects unit sales to top 144 million. The estimates are based on projections for sales of digital cameras MP3 players and other devices that use the cards. Digital cameras are the top use for flash memory cards, followed by MP3 players. Harari said that storage capacity for the memory cards will increase while price comes down. The 256-megabit card of 1999 will hold an hour of music. By 2002, storage capacity will quadruple to 1 gigabit, he said. Harari said the small cards will take over the prerecorded music storage market from CDs once the industry becomes convinced that music can be recorded in a way that cannot be copied. The DVD industry has already developed such a system for video, he said. By 2008, Harari expects his company's cards to challenge the videotape industry. At that point, the cards are projected to hold 16 gigabits of data, enough to store a two-hour movie.

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