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

To: orkrious who wrote (12083)	6/20/2000 9:57:00 AM
From: JH	Read Replies (1) \| Respond to of 60323

SNDK announced that its flash memory MultiMediaCard will be used with Innogear's new MiniJam MP3 personal audio player, a new device designed for use with the Handspring Visor personal organizer. Implications: MP3 and Palm OS are hot buzzwords, and SNDK has the privilege of being associated with both of them. Fund managers looking to put their cash to work before the end of 2Q are jumping into SNDK...

To: orkrious who wrote (12083)	6/20/2000 10:00:00 AM
From: Ausdauer	Respond to of 60323

*Jay, SanDisk has created two de facto* standards in two consumer megamarkets. from today's Innogear press release: Bob Fullerton, president and chief product officer, Innogear, Inc. said, "The small-size, high-capacity, reliability and ruggedness of SanDisk's MultiMediaCard, has made it the de facto memory card standard for MP3 players as more than 75 MP3 players use the MultiMediaCard. Using MP3 compression technology, more than an hour of music can be stored on a SanDisk 64MB MultiMediaCard." Ausdauer MP3 = MMC = de facto standard = megamarket = SanDisk = retirement**

To: orkrious who wrote (12083)	6/20/2000 10:22:00 AM
From: Road Walker	Read Replies (2) \| Respond to of 60323

Jay, Could this news have anything to do with SanDisk rally, a weaker competitor(?): Tuesday June 20, 8:27 am Eastern Time SmartDisk withdraws secondary offering NAPLES, Fla., June 20 (Reuters) - SmartDisk Corp. (NasdaqNM:SMDK - news) on Tuesday said it would withdraw its planned secondary public offering of 3.9 million shares of its common stock because of market conditions. ``We filed the offering to raise additional capital at attractive rates,'' said Michael Battaglia, president and chief executive of the company whose products store digital pictures, music, video and data. ``Given the general decline in financial markets since then, we have decided to withdraw the offering. Our company continues to perform very well and our balance sheet remains strong.'' The company, whose shares were first publicly traded in October, filed for the offering on April 20. Michael Mattingly, the company's chief financial officer said SmartDisk has enough cash and cash flow to support growth. Shares of SmartDisk on Monday closed at 22-7/8. It's 52-week high was 67-1/2, its low 12-9/16.