SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : WDC/Sandisk Corporation
WDC 153.96+0.7%Nov 19 3:59 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Michael Gaudet who wrote (15243)10/2/2000 5:01:32 PM
From: Ausdauer  Read Replies (3) of 60323
 
Michael,

I said earlier this year that...

21¢ + 22¢ +23¢ +24¢ = 90¢

Now Merrill Lynch sets estimates as follows...

From Merrill: SanDisk Corp
(SNDK, $66.75, C-1-1-9)

00E $1.13
01E $1.35

This is why Q3 is pivotal. I think these estimates
are going to be trounced pretty handily. For example,
for 2000 EPS @ $1.13 SNDK would have to retreat to under
30¢/Q for the next two quarters to come in at $1.13/share.
Even if we are flat from Q2 we will earn $1.20/share.

Although seasonality is less of an issue now we are at
capacity it should be recalled that Q4 is traditionally
a good quarter for SanDisk.

Aus
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext