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

To: Michael A. Gottesman who wrote (10526)	4/20/2000 9:55:00 AM
From: Rocky Reid	Respond to of 60323

Just as I thought, SNDK trades down after Earnings. I was thinking yesterday that a head fake by the big boys might be in order. We'll see if this is what's happening, but I'm not too shocked that SNDK isn't trading Up today. (Passover Holiday, slow market, etc.) I think in a month we'll see what Wall Street really thinks of SNDK.

To: Michael A. Gottesman who wrote (10526)	4/20/2000 2:11:00 PM
From: Binx Bolling	Read Replies (1) \| Respond to of 60323

Binx guesses the computer transcriber made a freudian slip in calling MP3 Players, membership players (re: CNBC) From TVeyes: But next sandisk is a leading maker of flash memory storage devices. They compete with the big boys like ibm, sony, and toshiba, you'll meet the ceo, stay tuned, >>> sandisk beats the street. Net income more than tripled to $15 million, or 21 cents a share. Three cents ahead of estimates. Revenues soared about 150% to $109 million. The company is a leading maker of flash memory storage devices, integrated circuits that retain data when power is off. Some memory chips lose stored data as soon as power is interrupted. In the past 52 weeks, the stock has gone from $9 to $169, and is now at about $105 a share. Let's get some more details on sandisk 's latest profit report. Joining us now from mountain view, california is greg harari president and ceo of sandisk Welcome, nice to have you with us. >> Good morning, tyler. Tyler: Business is extraordinary good with a tripling in net income, can you keep it up? >> We intend to. Our entire focus in increasing production and meeting the very strong and surging demand for our products. We are very confident about the near term as well as long-term prospects for the company. Tyler: To whom do you sell most of your product? Well, sandisk really has pioneered what we call disruptive technology, displaced existing mechanical rotating or chemical devices, for example, everybody knows today about digital commerce, flash, which the company pioneered is now the standard digital film for digital cameras, cannon, hp's cameras, use the flash supplied by sandisk so this one example. We now have the music players, membership players and again, disruptive technology that replaces tape and again, in the multimedia card that sandisk is selling today, the majority of music player companies. >>This is susan byrne westwood. Just wondering, we can all know from the products that you are going into we would all recognize those products as new products and we are all using them and very exciting. Do you see competition coming down the pike from some of, from some other folks, some of the largester players or do you feel your position and product is well-protected through patent or the manufacturing process? >> Is as is disk -- sandisk has very pioneered technology, over 100 patents confirmed in court. .....