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Technology Stocks : Formerly About SanDisk
SNDK 377.37+12.8%Jan 9 3:59 PM EST

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To: Sam who wrote (610)2/1/2010 9:03:45 AM
From: sylvester80Read Replies (1) of 1161
 
R&L were down 18% this last quarter and SNDK guided they will be down another 20% for 2010. Total that and you have 38%. With Samsung making the largest part of SNDK royalties the 50% cut in Samsung royalties will translate to about 40% cut in total SNDK royalties. Th other 10% will come from renegotiating royalties with Hynix and the rest of the smaller players as they renegotiate their contracts down.
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