WDC/Sandisk Corporation Message Board

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Technology Stocks : WDC/Sandisk Corporation

WDC 157.75

+0.4%

3:59 PM EST

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To: Ausdauer who wrote (15799)	10/19/2000 11:15:00 PM
From: puborectalis	Read Replies (1) of 60323

SanDisk (SNDK: news, msgs) advanced 12 percent after the company reported third-quarter earnings of $25.6 million, or 35 cents a share, up from last year's profit of $6.5 million, or 11 cents a share, and 6 cents ahead of the average estimate of analysts polled by First Call. Revenue jumped 153 percent in the latest three months to $170.8 million from $67.5 million in the same period a year earlier. Going forward, the company said it expects favorable markets for digital cameras, camcorders, smart phones and industrial applications as well as strong holiday sales of its Flash cards to consumers, which makes it "optimistic" about continued growth in the fourth-quarter and fiscal 2001. The shares added $6.75 to $63.

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