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


To: Craig Freeman who wrote (14440)9/2/2000 8:01:01 AM
From: puborectalis  Respond to of 60323
 
Why bother with this IPO when you have SNDK...........Simple Technology, which makes DRAM, SRAM and flash memory for PCs, laptops, digital cameras and other devices is
another IPO analysts advise investors to watch. A major shortage of capacitors, flash memory, liquid crystal displays (LCDs) and
computer microprocessors has resulted in record orders for many parts suppliers.

"These devices need more and more memory, especially PDAs (personal digital assistants) and smart phones, to do all the wiz
bang things that all the carriers are promising," Roth said.

Simple Technology plans to raise $70 million through the sale of 6.36 million shares at $10 to $12. The company has applied to
trade on the Nasdaq under the ticker symbol "STEC." Lehman Brothers will lead manage the sale.