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

To: Binx Bolling who wrote (15242)	10/2/2000 8:39:11 AM
From: Michael Gaudet	Read Replies (2) \| Respond to of 60323

From Merrill:SanDisk Corp (SNDK, $66.75, C-1-1-9) 00E $1.13; 01E $1.35 We believe digital products such as digital cameras, MP3 players and digital camcorders will be some of the best-selling electronics products of the Christmas season, as previously highlighted by Merrill Lynch analyst Peter Caruso. Given that demand for SanDisk’s flash memory products continues to far outstrip the available supply, we are reiterating our Buy/Buy ratings and our 12-18 month price objective of $135. SNDK stock was down over 8% last week due to what we believe was Kodak’s 3Q00 downside pre-announcement. Kodak is one of SanDisk’s largest customers. Kodak stated the company’s pre-announcement had nothing to do with sales of the company’s digital cameras, which are shipped with CompactFlash. In fact, we believe Kodak and other camera suppliers are underestimating the rapidly-growing digital camera market and we believe this pull-back in SNDK stock price represents an excellent entry point for buying the stock.

To: Binx Bolling who wrote (15242)	10/2/2000 9:35:38 AM
From: Michael Kim	Read Replies (3) \| Respond to of 60323

Binx - clearly a lot of people, including myself abused the return policy on digicams. Earlier this year I needed a digital camera to take pics of stuff to put on ebay, but I didn't want to invest in rapidly depreciating technology as the $1000 digicam of today is the $250 digicam of tomorrow. So I picked up a cheapie HP camera AND a 32 mb SanDisk card at Office Depot - took my photos over a two-week period - then returned everything for a full refund. No questions asked! I was shocked! I'm sure a lot of people did this exact same thing. Hopefully I redeemed myself when I purchased my Nikon Coolpix 800 and a SanDisk 48 mb SanDisk card.