Market Gems:Stocks w/Strong Earnings and High Tech. Rank Message Board

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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank

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To: Dave Gore who wrote (119918)	12/21/2000 10:58:27 AM
From: drsvelte	Read Replies (2) of 120523

10:44 ET SanDisk Corp (SNDK) 29 7/8 -14 11/16 (-33%) : Merrill Lynch downgrades to NT ACCUM from NT BUY with price target of $50; firm cites too much capacity, believes tight supply for CompactFlash changing at a faster than expected pace which bodes ill for margins also lowers earnings estimate for FY01. Maintains LT BUY rating due to prospects for data-storage flash.

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