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To: waverider who wrote (17566)	2/9/2000 12:22:00 PM
From: straight life	Respond to of 54805

Robertson Stephens Reiterates Strong Buy Rating, Raises Estimates on SNDK SAN FRANCISCO--(BUSINESS WIRE)--Feb. 9, 2000--Robertson Stephens Managing Director and Senior Electronics Analyst Dan Niles and Senior Semiconductor Analyst Arnab Chanda today reiterated their Buy rating and raised estimates on SanDisk Corporation (NASDAQ:SNDK - news). SanDisk, headquartered in Sunnyvale, Calif., is a leader in flash memory applications. ``We are reiterating our Strong Buy rating on SanDisk, as we believe the company is experiencing strong demand across the board,' said Niles and Chanda. ``We believe we are just at the cusp of SanDisk's exploding growth as a variety of digital consumer devices start to use flash memory for data storage including digital cameras, MP3 players, as well as set-top-boxes, Internet appliances, and Personal Video Recorders.' ``We believe that SanDisk is on track to strongly exceed our estimates,' said Niles and Chanda. ``We are raising our first quarter 2000 revenue estimates to $104.9 million and our earnings-per-share to $0.37, from $92.7 million and $0.33, respectively. We believe there is significant upside potential in revenues as well as gross margins. In addition, we are increasing our six-month price target to $200.'