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: JJB who wrote (1686)	11/18/1997 11:36:00 PM
From: OrionX	Read Replies (1) of 60323

JJB, "The announcement prompted some to question Intel's continued commitment to flash memory, particularly in light of declining market share which is expected to slip from about 40 percent in 1996 to 33 percent this year, according to Semico Research, in Phoenix." While I don't know what type of flash memory we are being referred to, I tend to believe that Sandisk has had a pretty good role in reducing Intel's market share! With the distribution agreement announced today, Sandisk's name will be more prominantly marketed with the added bonus of increased profits from the direct sales. This qtr is looking better and better. Still, I can't shake the feeling that the stock price has been purposely manipulated to keep it from going over 30. Why? Does the secondary have something to do with it? With the extremely positive announcements we've had lately, the stock should have gone to 35! Three months ago, this kind of news would have shot it to 50-60$ Just don't understand what's up! This is not typical Sandisk stock behaviour, even with the shaky markets.

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