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Technology Stocks : WDC/Sandisk Corporation

WDC 139.09

-0.8%

3:59 PM EST

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To: Ausdauer who wrote (5399)	4/14/1999 4:27:00 PM
From: rll	Read Replies (2) of 60323

SANDISK ANNOUNCES RECORD REVENUE FOR FIRST QUARTER 1999 BUSINESS EDITORS dljdirect.com ""Harari also stated, "Competition continues to be strong and we expect product gross margins to remain under pressure in the second quarter of 1999 due to anticipated declines in average selling prices. Recent bookings have not been as strong as their record pace in the first quarter. We continue to rely on "turns business" for the majority of our second quarter revenues, which are projected to exceed slightly the level achieved in the first quarter. "" Financials look good, but this part may offset it. rll

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