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


To: Michael A. Gottesman who wrote (9041)2/2/2000 12:16:00 PM
From: Tumbleweed  Read Replies (2) | Respond to of 60323
 
SanDisk Ships More Than Three Million CompactFlash Cards in 1999 as Unit
Sales Surge More Than 140 Percent

LAS VEGAS--(BUSINESS WIRE)--Feb. 2, 2000--SanDisk Corporation (NASDAQ:SNDK - news) announced today it shipped
more than three million CompactFlash(TM) (CF(TM)) memory cards in 1999, an increase of more than 140 percent over the 1.3 million SanDisk CF cards
shipped in 1998. The announcement was made at the annual Photo Marketing Association trade show. (SanDisk booth: F-40)

Sales of CompactFlash, SanDisk's flagship product, were driven in part by the growing popularity of digital cameras, many of which use the small, removable,
matchbook-sized cards as reusable digital film. More than 110 digital cameras have been introduced with slots for CF cards. More than 220 total products
have been introduced that use CF cards including numerous handheld computers, photo printers, internet music players, medical monitors, set-top boxes,
audio recorders and auto PCs. SanDisk invented CompactFlash, and 1996 was the first full year that the cards were sold.

Nelson Chan, SanDisk's senior vice president of marketing, said, ``CompactFlash continues to be one of the most popular storage cards for digital cameras
and handheld computers. We expect that when market research firms start releasing their annual flash card reports soon they will again conclude that
SanDisk is the market share leader in overall flash card revenue.'

SanDisk branded solid-state (no moving parts) CF memory cards are available in more than 13,000 retail stores worldwide and range in capacity between 4
and 128 megabytes (MB). Higher capacity 160MB and 192MB SanDisk CF cards will start shipping to retail outlets in March-April. SanDisk also offers
connectivity solutions for CF memory cards with its popular ImageMate(TM) external CF reader/writer drive. The ImageMate is available in both parallel port
and USB versions.



To: Michael A. Gottesman who wrote (9041)2/2/2000 3:24:00 PM
From: Sam  Read Replies (2) | Respond to of 60323
 
RE: daily pattern
I'm guessing that people anxious about the sharp rise stick in some stop losses just below the market each afternoon, and these are picked off. You should probably sell if you're not resigned to a lot of volatility and backing and filling to digest these recent gains.



To: Michael A. Gottesman who wrote (9041)2/3/2000 3:46:00 PM
From: Ausdauer  Read Replies (2) | Respond to of 60323
 
Mike and Thread,

Not that this is any great insight, but has anyone else noticed a daily pattern evolving on SNDK stock?

As Sam mentioned, seems like there are plenty of buyers that step in on the abrupt early day dips we are seeing. I don't know if this is a domino effect of stop losses (terminology?) being triggered and causing a computer-assisted cascade/mini-selloff or whether someone is trying to trigger a selling avalanche. In any case there are buyers that bid the price right back up and inch us forward toward the end of each session. We have clearly left the $80 <===> $100 range now and it seems that intraday volatility will continue until some rough concensus on the correct share price develops.

Ausdauer