Art, you wrote, But the main reason is that many analysts, as Eli noted in the conference call, simply don't understand what SanDisk sells, and why SNDK products are different from, and aimed at different markets from those addressed by Intel, AMD, SSTI, etc.
Art, can you blame the analysts for being confused when SNDK's SEC filings state that Intel is a competitor of SNDK?
For example in the following 10Q SNDK writes:
Our primary competitors include:
o storage flash chip producers, such as Hitachi Ltd., Samsung Electronics
Company Ltd. and Toshiba Corporation;
o socket flash, linear flash and component manufacturers, such as Advanced
Micro Devices, Inc., Atmel Corporation, Fujitsu Corporation, Intel
The same SEC document goes on to say,
We have entered into patent cross-license agreements with several of our
leading competitors including, Hitachi, Samsung, Toshiba, Intel, SST and Sharp.
The same SEC document also says,
We also face competition from products based on multilevel cell flash
technology such as Intel's 64 megabit and 128 megabit StrataFlash chips and
Hitachi's 256 megabit multilevel cell flash chip. These products compete with
our D2 multilevel cell flash technology. Multilevel cell flash is a
technological innovation that allows each flash memory cell to store two bits of
information instead of the traditional
freeedgar.com
Art, what is the controlling legal authority? |
