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

To: Sam who wrote (13121)	7/20/2000 12:20:31 AM
From: Starlight	Respond to of 60323

Here's a page from Intel's website explaining their type of flash memory. As stated before, this does NOT compete with SNDK: developer.intel.com

To: Sam who wrote (13121)	7/20/2000 12:53:09 AM
From: wily	Respond to of 60323

Sam, If you had listened to the CC, you would have heard Dr. H say that companies like SST, Intel and AMD don't make the kind of flash that competes with Sandisk. There are no overlaps. You're right, Intel will probably never compete with Sandisk in the removable storage Flash market. And thankyou for your notes from the cc and trying to drum this point into my thick brain! My logic was that Intel is bringing on a lot of .18um capacity -- something that Sandisk has zero of at this point -- plus the rumors of a slowing of demand in the mobile phone segment, which led me to think that Intel might think of looking towards other applications. And while this could possibly happen, I think that you are right that the Intel technology is not geared for such a switch. wily

To: Sam who wrote (13121)	7/20/2000 3:10:10 AM
From: Binx Bolling	Read Replies (4) \| Respond to of 60323

Eli says its unbelievable! I find the confusion and ignorance Very believable. I have been following SNDK for about 4 years. SNDK is an outstanding engineering company! They are improving at sales. They have proven lawyers! They suck at Forecasting. They do an adequate job of writing press releases. They suck at getting their story told by the investing and main stream press in a way that is not confusing. Who gets paid to reduce the confusion? I don't think Ausdauer gets paid to reduce the confusion. I think his payback is a rising stock price. Why doesn't SNDK have a toll free conference call number? Where is the replay number? The operator on the conference call was inept. Make it easier for the investing community to hear their story and maybe there would be less confusion! Eli, you are to blame for the ignorance and confusion in the investing community. Since they are booked so far in advance, why not move up their quarter reporting to the first week of the month when there are less companies reporting? Less competition in getting the message out. More of a chance to get the senior analysts on the calls instead of their flunkies. Why did Niles leave Robby? Why hasn't Niles repeated his strong buy rating on SNDK? What is Lehman's relationship with Fidelity? Who underwrote the SNDK secondaries? Is Isreal giving a grant (read, not loan) to Tower Semiconductor? Does that sound like socialism or fascism to anyone else? Sam You wrote: "This quote deserves to be repeated: << I can't believe how many people don't understand our business. It is crazy. I just listened to the SSTI call saying that 80% of their sales came from 2Mbit flash. We sell 256Mbit flash. Toshiba, Sandsik, Hitatchi, and Samsung are the only companies that make this, and all of the other flash capacity being added isn't going to alleviate the situation. >> That was pretty close to his exact words, though he went on and was even more emphatic about how little people differentiated between Sandisk's flash and the flash that INTC, AMD, ATML, SSTI, and others sell. I think, but am not sure that the next analyst who spoke apologized for his own ignorance on that point. Some people will have to go do some homework. Eli said something like the "ignorance and misinformation about our company and the whole sector is unbelievable" (his emphasis)."

To: Sam who wrote (13121)	7/21/2000 10:57:12 AM
From: Binx Bolling	Read Replies (2) \| Respond to of 60323

More on Eli saying it is Unbelievable: Eli, The confusion sure is believable! Your Annual Report adds to the confusion: "We have entered into patent cross-license agreements with several of our leading competitors including ...Intel" " Our primary competitors include: o storage flash chip producers, such as Hitachi, Samsung and Toshiba; o socket flash, linear flash and component manufacturers, such as Advanced Micro Devices, Atmel, Intel, Macronix, Micron Technology, Mitsubishi, Sharp Electronics and ST Microelectronics; and o module or card assemblers, such as Lexar Media, M-Systems, Pretec, Simple Technology, Sony Corporation, Kingston Technology, Panasonic, Silicon Storage Technology, TDK Corporation, Matsushita Battery, Delkin Devices, Inc., Silicon Tek and Viking Components, who combine controllers and flash memory chips developed by others into flash storage cards." "Competing products have been introduced that promote industry standards that are different from our CompactFlash and MultiMediaCard products, including ... M-System's Diskonchip for embedded storage applications ." freeedgar.com Sam, You wrote: "If you had listened to the CC, you would have heard Dr. H say that companies like SST, Intel and AMD don't make the kind of flash that competes with Sandisk. There are no overlaps. Go back and read Jay's synopsis of the call, he reproduced a very important statement (repeated in my own small addition to the Thread's collective notes, because it is so important). The "ignorance and misinformation" about the segmentation of the various flash markets that currently exists in the minds of the analysts and the public alike is "unbelieveable", he said."