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

To: thecalculator who wrote (14400)	8/30/2000 10:08:20 AM
From: Sam	Read Replies (1) \| Respond to of 60323

Calculator & Aus, Re: the new Tower facility In the Alliance announcement (which I presume mirrors the earlier Sandisk announcement), it says, <<Alliance will receive from Tower a guaranteed portion of the available wafer capacity at competitive pricing, with first production expected in 2002. The new facility will be called 'Fab 2' and will be constructed adjacent to Tower's current facility in Midgal Haemek, Israel. It will have about 1,000 employees and is expected to produce up to 33,000 200-mm wafers per month, the company said.>> But I thought people were building 300 mm capacity now, for production in 2002-03. Will 200mm wafers still be cost effective by then? I throw in the caveat that I am a rank novice on these things, and want to be more informed. TIA, Sam

To: thecalculator who wrote (14400)	8/30/2000 10:25:22 AM
From: hueyone	Read Replies (1) \| Respond to of 60323

re:Maybe one day, the window on cheap Tower shares will close. Meanwhile... Cheap? Let me see.... Tower sells at roughly the same price per share as SSTI, but Tower has 72 cents in trailing year EPS losses versus SST's trailing year's EPS of plus 43 cents. For calendar year 2000 and 2001, TSEM is expected to lose 10 cents per share and lose 41 cents per share versus SST which is expected to earn 83 cents per share and $1.52 per share. Cheap? The facts don't support this conclusion. Why buy TSEM's losses when you can buy SNDK or SSTI which are already profitably participating in the Flash tornado in a big way? biz.yahoo.com biz.yahoo.com biz.yahoo.com Best, Huey