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

To: Ausdauer who wrote (16272)	10/30/2000 7:49:17 AM
From: orkrious	Respond to of 60323

Aus, if SNDK reported DSO's of 58 days during the CC, something else is in A/R besides sales. Zeev's numbers are correct based on SNDK's published financial stmts. I have an email into Sharon Spehar. We'll get this figured out. Jay

To: Ausdauer who wrote (16272)	10/30/2000 9:30:14 AM
From: Zeev Hed	Respond to of 60323

Aus, I have excellent news for SNDK's holders, the next quarter will see sales well in excess of $200 MM. If indeed the outgoing DSO is 58, then the current daily sales rate is at $2.3 MM/day, multiply that by 90 days, and we get $207 MM sales of product for the next quarter at least. That means (at 33% gross margins) at least another $18.5 MM in pretax earnings, or $11.1 after taxes increased in profits, or $.15 more per share, bringing the next q to at least $.50/share (since I have not taken into account any additional growth, nor the bulge in sales that Christmas should bring). I think that Eli was "ulra conservative with his 15% or so QOQ increase in earning, according to these numbers, it is more like 43.8% QOQ increase in earnings. Zeev