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


To: limtex who wrote (18552)1/25/2001 10:22:55 AM
From: Bob Kim  Respond to of 60323
 
ML at it again and this time I tkae them very seriously

Excerpts from 10/2 ML report:

"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."

"As a pure-play on data-storage
flash, we believe SanDisk represents an excellent
investment proxy for the rapidly-growing digital
electronics market."

"Excellent visibility and firm pricing continue for SanDisk.
Our channel checks indicate the company has booked out
its 1Q01 and is taking orders for 2Q01 with little
movement seen in pricing."