WDC/Sandisk Corporation Message Board

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Technology Stocks : WDC/Sandisk Corporation

WDC 157.75

+0.4%

Nov 14 9:30 AM EST

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To: Mike Buckley who wrote (21375)	12/30/2001 12:08:37 PM
From: Ausdauer	Read Replies (1) of 60323

Mike, 2001 was a year of consolidation for SNDK... ...after a period of explosive growth during 1999 and 2000. Demand fell off sharply in 2001 and cost-saving measures were instituted to help weather the storm and prepare for the possibility of sustained adverse market conditions for flash during 2002 and beyond. These measures included... *rapidly transforming technology (and product base) from the 0.24 micron NOR flash to 0.16 micron NAND flash, the precocious introduction of NAND/MLC (with 1Gbit densities recently announced), the tough decision to consolidate NAND production at Yokkaichi to further reduce wafer cost, reduction in head count by elimination of assembly and manufacturing operations state-side and centralizing them in China and Taiwan, signing the Memory Stick agreement with Sony, nearly doubling of retail outlets to almost 40,000 storefronts world-wide with an increased emphasis on retail sales, and completion of a $125 million convertible to afford strength to execute SanDisk's long term plan regardless how long weak market conditions persist. I think for those with a longer term perspective and patience that these cost saving measures will eventually pay off.** Aus p.s. Mike, comforting to know you are still following SNDK, even if only peripherally.

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