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

To: limtex who wrote (15812)	10/20/2000 11:17:55 AM
From: orkrious	Read Replies (1) \| Respond to of 60323

no upgrades From briefing.com, First Union reiterated their strong buy yesterday with a $200 price target. What we really need is new coverage. Four analysts covering SNDK is a disgrace. Jay

To: limtex who wrote (15812)	10/20/2000 3:10:23 PM
From: Art Bechhoefer	Read Replies (2) \| Respond to of 60323

Judging from the questions asked at the conference call, SNDK had a number of major investment analysts on the line--Merrill Lynch, Goldman Sachs, First Union, Morgan Stanley, Bear Stearns. One reason the stock is not reacting to the upbeat earnings may have to do with the investment firms not wanting to release opinions until AFTER they have bought the shares for their accounts. But the main reason is that many analysts, as Eli noted in the conference call, simply don't understand what SanDisk sells, and why SNDK products are different from, and aimed at different markets from those addressed by Intel, AMD, SSTI, etc. Perhaps the analysts could learn something from this thread.

To: limtex who wrote (15812)	10/20/2000 3:14:48 PM
From: Road Walker	Read Replies (2) \| Respond to of 60323

Limtex, FWIW, Merrill Lynch raised '00 estimates from $1.13 to $1.26; '01 estimates from $1.35 to $1.60, reiterated a buy with a 12-18 month price target of $135. A very bullish report. It specifically mentions the growth of the cell phone market for SanDisk, sayiny that it could add $5 billion to the TAM of SanDisk. "Our checks in the channel indicate Siemens already represents over 5% of SanDisk revenues only one quarter after shipments have begun." ML said they also signed Nokia and Ericsson. There are a lot more cell phones than digital cameras. John