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


To: Road Walker who wrote (13108)7/19/2000 11:37:37 PM
From: JesseK  Read Replies (1) | Respond to of 60323
 
John,

Let me try to help, earnings estimates for the next six quarters were .23 .25 .26 .28 .31 .35. When Sandisk reported earnings today, they almost beat 4th quarter 2001 estimates!! So during the conference call when the stated 25% growth for the 3rd quarter, they mean 25% on top of this quarters blowout of 33 cents. Which means around 41 cents for next quarter.. If this quarter doesn't put the institutions and mutual funds in a buying frenzy, I don't know what will..

Eli also stated they expected to sign one new licensee in the third quarter and maybe one or two more in the fourth quarter. Eli stated that licenses royalties were based on revenues.

Jesse Clancy