WDC/Sandisk Corporation Message Board

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Technology Stocks : WDC/Sandisk Corporation

WDC 163.33

+3.5%

Nov 28 9:30 AM EST

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To: Art Bechhoefer who wrote (5491)	4/19/1999 10:30:00 AM
From: Ausdauer	Read Replies (1) of 60323

Art, From the Motley Fool on 4/15/99 Flash memory data storage products company SanDisk Corp. (Nasdaq: SNDK) retreated $2 15/16 to $20 3/16 after CEO Dr. Eli Harari said "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." Q1 EPS was $0.15, $0.02 better than last year and the Street's consensus estimate. Ausdauer

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