WDC/Sandisk Corporation Message Board

STOCKTALK

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 166.10

-2.3%

3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: limtex who wrote (15812)	10/20/2000 3:14:48 PM
From: Road Walker	Read Replies (2) of 60323

Limtex, FWIW, Merrill Lynch raised '00 estimates from $1.13 to $1.26; '01 estimates from $1.35 to $1.60, reiterated a buy with a 12-18 month price target of $135. A very bullish report. It specifically mentions the growth of the cell phone market for SanDisk, sayiny that it could add $5 billion to the TAM of SanDisk. "Our checks in the channel indicate Siemens already represents over 5% of SanDisk revenues only one quarter after shipments have begun." ML said they also signed Nokia and Ericsson. There are a lot more cell phones than digital cameras. John

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next