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Technology Stocks : WDC/Sandisk Corporation
WDC 187.68+9.0%3:59 PM EST

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To: Dave who wrote (24596)1/21/2004 10:39:08 AM
From: Steve 667  Read Replies (1) of 60323
 
"This should put some pressure on SNDK today since it, too, is a tech company in storage."

Pressure only by those who don't know what they are doing. Sandisk largest growth is coming from cameras and cell phones. Segate hard drives in phones look pretty silly, and they are very very heavy especially for small women. Same with cameras.

Regarding flash key storage, sales do not correlate in line with hard disks. Flash key storage is bought by people who already have hard disks rather than by people who are buying hard disks.

Furthermore if you look at revenue AND earnings growth over the last 8 quarters, STX doesn't even hold a candle to SNDK or LEXR.

Apples and Oranges. We should see some good short covering Friday!

Remember people who put pressure on SNDK stock, are the same folks who bought NANO stock on positive comments about nano-technology.

Steve
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