Mike,
After reading your SNDK comments today, I'd like to know how concerned you are about SNDK's ability to maintain margins over the next several years.
CF is clearly in a tornado as many products using CF are in tornados themselves. New products that use CF are being designed almost daily as well. However, will SNDK be able to maintain margins as price per MB of storage decreases? More precisely, do they control the IP and supply enough to become a Gorilla? If SNE's Memory Schtick goes the way of the betamax, and a couple other flash "standards" bite the dust, Gorilla-dom is a possiblity, however being a royalty play, or King is more likely.
My biggest FUD regarding my SNDK investment is that flash will be priced as a commodity down the road, as supply meets demand. Your opinion?
Finally, how much do you factor the potentially exponentially larger MMC market in cell phones will become in your decision to own SNDK? By many estimates, MMC could dwarf CF sales by 2002 or so.
Jason
PS- After reading your most recent comments, you seem to be a mix between three of my favorite things: The Buffet of tech LTBH, a pure GG'er, and the frugality of the Millionaire Next Door. The two books mentioned sit on my nightstand, and will forever.
PSS- Please don't ask me to pose my SNDK Q's to Ausdauer:-) |
