WDC/Sandisk Corporation Message Board

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Technology Stocks : WDC/Sandisk Corporation

WDC 172.53

-2.0%

3:37 PM EST

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To: clean86 who wrote (24555)	1/15/2004 9:15:02 AM
From: Road Walker	Read Replies (1) of 60323

08:03 ET SNDK sell-off yesterday a buying opportunity -- WR Hambrecht 65.25: WR Hambrecht reiterates its Buy and $105 price target on SanDisk as the firm views yesterday's sell-off (-6%) as the perfect opportunity to buy the stock ahead of its quarterly report. Samsung's positive commentary bodes very well for SanDisk as the co is poised to increase its flash card market share, as well as enjoy the fruits of the cell phone market with SD/mini-SD/MS Duo/RS MMC. The firm expects SanDisk will post Q4 upside and may experience less seasonality than its peers in Q1. Samsung sees '04 NAND flash bit growth of 180-200%, which supports the firm's opinion that the industry continues to accelerate, which bodes well for SanDisk.

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