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

To: limtex who wrote (17703)	12/27/2000 6:02:17 PM
From: Ausdauer	Read Replies (1) \| Respond to of 60323

Limtex I meant pivotal as far as demonstrating whether SanDisk's bottom line is linked to global flash memory sales and "generic" CompactFlash volume sales which should both be relatively immune to commoditization pressures. Aus

To: limtex who wrote (17703)	12/27/2000 6:16:06 PM
From: All Mtn Ski	Read Replies (1) \| Respond to of 60323

limtex, Actually the market cap is slightly over $2B. I feel for the longs, but after watching SNDK for several months, I feel ML gave me a discount, and I was able to buy for the first time at $30-1/2. Or rather load up the truck! I think ML has to make their downgrade "stick" for a few days and are participating in keeping SNDK's price artificially low. ML also downgraded another gem in ESIO recently, and only now is it trying to break out after a week of bouncing between $23-$27, and that is after blowout earnings of $1.00! SNDK probably will be on hold for the next day or two, then we should see some positive movement, IMHO, perhaps sooner. I thought ML's rationale was pretty lame, with no empirical evidence on the supply to back up his downgrade: "While our checks indicate digital camera sales (46 percent of SNDK revenues) have been strong relative to other products during the holiday season, we believe CompactFlash supply has improved to the point where the 1Q '01 seasonal downturn in digital camera demand could cause CompactFlash pricing pressures," Danely said. siliconinvestor.com Cheers, Tom