WDC/Sandisk Corporation Message Board

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Technology Stocks : WDC/Sandisk Corporation

WDC 140.23

-8.9%

Nov 20 3:59 PM EST

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To: Derek C. who wrote (5536)	4/23/1999 12:39:00 AM
From: Artslaw	Read Replies (2) of 60323

Derek, Well, as far as a short term jump, SNDK didn't react stunningly to that extremely positive press release. Although YHOO says the press release was after hours (http://biz.yahoo.com/bw/990422/ca_sandisk_1.html), your e-mail at noon suggests otherwise! I tracked it down to businesswire, which released it at 10:31am EST. The press release on the SanDisk site has a nice executive summary in the headline: SanDisk Positions Itself For Expected Major Growth: New Location Will Reduce Manufacturing Costs, Result in Products Getting to Market Significantly Faster and Greatly Increase Production Capacity Whatever the case, looks like SNDK is expecting some major growth, just as ELI alluded to during the CC a quarter ago (didn't hear the CC this time around). Steve

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