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


To: Binx Bolling who wrote (9802)3/24/2000 11:05:00 AM
From: Tumbleweed  Respond to of 60323
 
I'm surprised that article didnt separate out MP3 except as a footnote 'others'

Joe



To: Binx Bolling who wrote (9802)3/24/2000 11:49:00 AM
From: rushnomore  Respond to of 60323
 
>>IBM, and soon Halo, will be shipping disk drives into this market at lower cost than flash and less rugged; a percentage of this market is expected to use disk drives.<<

I don't think that the consumer is going to tolerate a shock-sensitive storage device for applications like digital cameras. Consumers are going to be returning their disk drives, destroyed by being accidentally dropped a few feet onto the floor, and they are going to be demanding their money back. A data storage device for this market just has to be rugged.



To: Binx Bolling who wrote (9802)3/24/2000 9:18:00 PM
From: Binx Bolling  Respond to of 60323
 
Friday March 24, 8:02 pm Eastern Time
Company Press Release
Malmed Retires as Senior Vice President of Sales and Marketing At SanDisk
SUNNYVALE, Calif.--(BUSINESS WIRE)--March 24, 2000--SanDisk Corporation (Nasdaq:SNDK - news) announced today that Leon Malmed, SanDisk's Senior Vice President of Sales and Marketing, will retire from the company on March 31, 2000.

Malmed, who joined SanDisk in 1992, worked in the storage industry for more than 30 years and previously was an executive with several storage companies including Maxtor Corp., Quantum Corp., and SyQuest Technology, Inc.

Eli Harari, SanDisk CEO and president, said, ``Leon has been a key figure in making SanDisk a successful company. He joined the company in our early stage and directed our efforts in establishing key industry storage standards such as CompactFlash and the MultiMediaCard. Leon was largely responsible for generating worldwide demand for our products and demonstrated the leadership skills and efficient management style that propelled SanDisk to its present status as the world's largest supplier of flash data storage products. We shall miss Leon's experience, tenacity and good sense of humor. Leon built a terrific marketing and sales organization which is now managed by Nelson Chan, our senior vice president of worldwide marketing.'

SanDisk Corporation 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.

Note to Editors: All trade names are either registered trademarks or trademarks of their respective holders. SanDisk's web site/home page address: sandisk.com

--------------------------------------------------------------------------------
Contact:

SanDisk Corporation
Bob Goligoski, 408/542-0463
bgoligoski@sandisk.com