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Technology Stocks : WDC/Sandisk Corporation -- Ignore unavailable to you. Want to Upgrade?

To: Sam who wrote (6840)	8/31/1999 3:23:00 PM
From: Jim Greif	Read Replies (1) \| Respond to of 60323

Thread, I particularly like the bit about including a printer for the camera: SanDisk Will Supply HP With CompactFlash Memory Cards for New HP PhotoSmart Digital Cameras SanDisk Teams With HP - Joint Sales Promotions and Advertising SUNNYVALE, Calif.--(BUSINESS WIRE)--Aug. 31, 1999--SanDisk Corporation (NASDAQ:SNDK - news) announced today that it will supply Hewlett-Packard Company with CompactFlash(TM) (CF(TM)) memory cards for the new HP PhotoSmart C500 and C200 digital cameras introduced today. SanDisk, inventor of CompactFlash, and the largest supplier of memory (film) cards for digital cameras, together with HP, a worldwide leader in digital imaging, will also participate in joint promotions for these products. The new HP PhotoSmart P1100 and P1000 printers, also announced today, support direct printing from CF memory cards, as well as wireless transfer from the new HP PhotoSmart C500 digital camera. The HP PhotoSmart C500 will include a 16 megabyte (MB) CompactFlash memory card manufactured by SanDisk, while the HP PhotoSmart C200 will include an 8MB CompactFlash memory card. Both digital cameras include built-in USB connectivity for transferring photos to a desktop computer. Ed Cuellar, product manager at SanDisk, said, ``HP has once again strengthened its presence in the digital camera market with its new affordable, full-featured HP PhotoSmart C500 and HP PhotoSmart C200 digital cameras. HP's decision to include a SanDisk manufactured CompactFlash memory card with each camera sold further strengthens the status of the CompactFlash card as the industry standard for digital film cards.' ``HP is committed to providing the market with the ultimate printing and imaging solutions available today,' said Cheryl Katen, general manager of HP's Home Imaging Division. ``SanDisk's leadership in flash-memory technology, combined with its ability to provide HP with very reliable CompactFlash memory cards, enables HP to address the needs of sophisticated PC users, photography buffs and first-time digital-camera buyers alike.' SanDisk branded CompactFlash memory cards are available in over 11,000 retail outlets worldwide and range in capacity between 4MB and 96MB. SanDisk also offers connectivity solutions for CF memory cards with its popular ImageMate(TM) external CompactFlash reader/writer drive. The ImageMate is available in both parallel port and USB versions. SanDisk Corporation, the world's largest supplier of flash data storage products, designs, manufactures and markets industry-standard, solid-state data, digital imaging and audio storage products using its patented, high density flash memory and controller technology. SanDisk is based in Sunnyvale, CA. The matters discussed in this news release contain forward- looking statements that are subject to certain risks and uncertainties as described under the caption ``Factors That May Affect Future Results' in the company's annual report on Form 10-K and quarterly reports on Form 10-Q, filed with the Securities and Exchange Commission. The company assumes no obligation to update the information in this release. Actual prices may vary. CompactFlash, CF and ImageMate are trademarks of SanDisk Corporation All trade names are either registered trademarks or trademarks of their respective holders. SanDisk's web site/home page address: sandisk.com HP web site/home page address: hp.com jim

To: Sam who wrote (6840)	8/31/1999 5:43:00 PM
From: Art Bechhoefer	Read Replies (1) \| Respond to of 60323

Sam, I don't disagree with your view, except that the assets of Lexar normally would consist of the bricks and mortar, equipment, proprietary technology (if any), and good will. Normally employees, while key to a technology company, don't appear on the books as assets. Meanwhile the liabilities would include an estimate of a judgment against Lexar if the case went to trial and the result were unfavorable for Lexar. Given that Lexar continues making chips without paying royalties, the damages by now could eat heavily into whatever assets Lexar has. But it's precisely because Lexar probably has some good employees that SanDisk might want to buy the company and retain at least some of those employees.