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

To: Starlight who wrote (7389)	10/7/1999 11:39:00 AM
From: Ausdauer	Read Replies (1) \| Respond to of 60323

Betty and Thread, "a critically important milestone" Eli Harari, president and CEO of SanDisk, said... This strategic cooperation between the two pioneers of flash storage represents for SanDisk a critically important milestone as we prepare to meet the major market growth opportunities projected for flash storage in the years ahead. Gigabit scale flash memory development is costly and technologically challenging. The start-up costs for Dominion and the increased R&D spending will likely have an impact on near-term performance of SNDK since we are just a small Panda Cub and this type of long-term investment will consume a significant portion of operating cash. It would appear that the secondary was needed to buy the wafer manufacturing equipment at Dominion. This represents a departure from the fabless model that SanDisk has followed to date. EVERYONE SHOULD READ THE PRESS RELEASE VERY CAREFULLY. Ausdauer