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

To: Rocky Reid who wrote (16123)	10/26/2000 3:36:08 PM
From: orkrious	Respond to of 60323

But perhaps pre-production units shipped to partners like Nikon and word is slipping out that either compatiblilty issues have cropped up, or performance has taken a hit. Or, perhaps pre-production units have found their way to dissection tables in Sunnyvale and they have been found to potentially STILL violate the Patents in question. It may just be that the real players know that SNDK owns all the technology and that LEXR is toast. Jay

To: Rocky Reid who wrote (16123)	10/26/2000 10:13:32 PM
From: Ausdauer	Read Replies (1) \| Respond to of 60323

Lexar traded down to $5 3/4 today. This is a company with a "loose cannon" for a CEO who can never manage to keep his fat mouth shut, even on the day of the IPO. This is a company that is losing money despite record-setting, robust top line growth in a record quarter in a burgeoning consumer megamarket. This is a company that is betting both on low margin OEM sales and "premium" over-priced cards for the professional photography niche. This is a company looking at flat product revenues ("low 30's") during the busiest season for target consumer product sales. This is a company with a copy-cat photo printing website which they are trying to peddle off as a big revenue generating center. These sites are a dime a dozen. This is a company with no expertise in flash memory manufacture. This is a company which whose margins have been eaten away by legal expenses, advertising costs and the promotion of a USB-enabled standard which they have bundled with a "free" USB reader that prices them out of the running (and a standard that no other CF manufacturer has elected to support). It is a company looking at a possible product injunction or, even worse, a complete switch out of their retail and OEM inventories with an as yet untested product (in consumer hands) that has not even gone through any published qualifications with CF device manufacturers. It is a company which claims SanDisk has created an anti-competitive CompactFlash market when 48 certified CompactFlash suppliers already exist... compactflash.org This is a company with no grip on reality who is finally realizing they have a tiger by the tail. All IMHO, Ausdauer