SNDI/SSTI:
moneycentral.msn.com
SanDisk's CEO made the following comment in the above article:
"While both areas are growing rapidly, some of the most exciting changes will come in consumer electronics, Harari predicts. "The landscape will be completely different. This is a disruptive technology." He says, for example, flash cards will replace 35mm film, audiotape and compact discs. Next, SecureDigital flash-memory cards, to ship in earnest in a quarter or two, should pave the way for the electronic sale of music over the Internet because they block bootleg copying and have higher capacities."
I am a big fan of Christensen's book Innovator's Dilemma, and the issue of disruptive technology. Time will tell if SNDK/SSTI possess this type of attribute.
The following pre-annoucement, on the evening of 6/29/2000, by SSTI is simply incredible:
biz.yahoo.com
"Based on information available at this time, the company expects to report a revenue increase of greater than 50 percent over the first quarter of 2000 and an increase of greater than 300 percent over the second quarter a year ago. The company expects that it will report earnings per share for the second quarter of 2000 to be greater than $0.50."
50% sequential growth from the last quarter? 300% growth from the same quarter last year? These are incredible numbers. I'll let this thread's elders, and aus (sndk) and hueyone (ssti) debate the merits of gorillaness, or whether these companies will do an Iomega. If SNDK/SSTI's patents cover enough ground, and encompass enough technology, then these companies' growth potential is huge.
At the end of the day, a stock price moves based upon revenue/earnings growth. SSTI/SNDI are delivering the goods.
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