"From a retailer's or a manufacturer's point of view, a very ugly situation, with potential sales evaporating everyday.
John, can't agree more.
Think about it. At my local BestBuy I had trouble finding a parking spot. The store is jammed on a Saturday morning and yet there isn't a single card with a SanDisk label on it in the store. And all along I thought the supply chain managment worked like a charm?
No product for sale on a busy weekend? You can't even tell SanDisk is sold at this location as there is no visible merchandising effort at all.
Is someone asleep at the wheel at SanDisk?
Maybe this is why the Senior Vice Rresident of Operations has seen fit to dump a $1,000,000.00 worth of stock in the last two weeks as we inscribe yet another 52 week low...
2-Feb-01 HUDSON, RALPH J Senior Vice President, Operations 20,000 shares SNDK Proposed Sale (Form 144). Estimated proceeds of $602,500.
30-Jan-01 HUDSON, RALPH J Senior Vice President, Operations 12,600 shares SNDK Proposed Sale (Form 144). Estimated proceeds of $401,300.
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