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

To: Ausdauer who wrote (8360)	12/10/1999 1:13:00 PM
From: Artslaw	Read Replies (2) \| Respond to of 60323

Here's a little more info on the Robertson-Stephens reiteration: biz.yahoo.com 'We are reiterating our Buy rating on SanDisk,' said Niles and Chanda. ``We believe that the company is on track to exceed our estimates for the fourth quarter. In addition, guidance was at the lower-end and we expect revenues in the $70 million range and earnings-per-share upside of at least one to two cents to our $0.22 estimate.' ``We expect SanDisk begin to strongly exceed our estimates in 2000 beginning, as additional foundry capacity becomes available,' said Niles and Chanda. ``We continue to believe SanDisk will capitalize on the growing consumer-electronics flash market and is currently constrained by capacity issues. We urge investors to aggressively accumulate the stock at current levels.' In a seperate release, Steve Walstra seconded that opinion.