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Strategies & Market Trends : The American Money Tree !

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To: Mike Winn who wrote (243)9/30/1997 1:30:00 PM
From: Nero   of 275
 
I'd be wary of SNDK. Intel had that flash memory breakthrough, doubling the bits on a transistor. Competition is overheating for flash memory and digital cameras, which are still overpriced for the average Joe.

EDI first to claim Intel's technology:

biz.yahoo.com

Just a caution. When digital cameras finally mainstream, flash memory will be reduced to a commodity. SNDK's future is clouded and with PE of 58, earnings growth has no room for relaxation. I looked, but backed off.
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