Thread,
Further regarding my search for new investments I began to think about the trend towards appliances that has been much discussed on this and the PC sector thread. IDC is predicting a mecurial 96.3% CAGR for the "appliance" computing market and further stated: "Today, it's a PC world. PCs are the dominant user access device. PCs dominate IT market spending. The Intel and Microsoft "duopoly" set the IT industry standard for profit margins and market capitalization. In addition, suppliers that have hitched their wagon to the PC star in the last 17 years -- Compaq, Dell, and countless others -- have profited greatly. But the era of PC dominance may be nearing an end, as the explosive growth in users -- and uses -- of the Internet expands device requirements well beyond the design point of the general-purpose PC."
Thinking about this I began to speculate on what peripheral devices might benefit from such a trend and my thoughts centralized on what I have fooled myself into believing I no9w best, specifically data storage. One thing emerges in this thinking is that flash memory should see rising demand, if in fact, we are headed to specialised, smaller, computing devices. This is likely to involve a diminution of storage capacity demand at the device level and most certainly a demand for lower cost, smaller size, and lower power dissipation. Joila! The solid state memory device sometimes called flash disk? Oui?
So I quickly dialed in SanDisk on my research sites and found out what you probably already know. Everyone else has already figured this out and the stock is rapidly approaching its 12 month high, showing fantastic recovery. (I was a day or 100 late). But digging a bit deeper I have started to look at FLSHF. An interesting company and I would encourage anyone else looking at it to pipe up (please). I may take a position in SanDisk anyway, especially since I am light SEG now.
Best,
Stitch
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