Aus,
Excuse me while I talk about SNDK for a bit:
Do you think SNDK hasn't moved recently because MMC and CF have'nt reached the "sweet spot" in pricing? The more I think about it, I feel much of what is happening here is the "early adopter" phase. Prices are still high, and DC's and MP3's aren't on main street USA, meaning neither is CF or MMC.
It could be argued that SNDK's rev growth, albeit impressive, has yet to to TRULY tornado.
Short term factors, like SEG selling, and any number of instys dumping whenever they wish, combined with a poor Nasdaq average, could be blamed over any time period.
Mr. Market gives companies their just desserts over time, and I believe SNDK's day will certainly come. However, the more I look at the BIG picture, I feel we may be early to the party here. Now, leaving because we arrived early would be foolish, but waiting patiently for the others to arrive may be the prudent move.
On a different note, I was at Target yesterday and checked out the electronics section. CF manufactured by SNDK was the only choice...SWEET!
Also, I received a techy catalog in the mail today, and CF manufactured by SNDK and LEXR was being sold. They pointed out LEXR's write speeds as an advantage, AND it was priced lower. IF SNDK is receiving royalties from CF, which we know they are, they NEED to lower their prices to beat or at least MATCH the competition. WE may be "in love" with SNDK, but price and performance, in that order, are what consumers are looking for.
Jason
induetime@I'vegotpatience.com |
