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

To: Road Walker who wrote (19510)	3/8/2001 6:08:37 PM
From: 5dave22	Respond to of 60323

John - <(Love dogs, must be why I like Intel)> LOL! My problem is, I always like UNDERdogs. It's cost me a few times over the years. I think the AMD thing will pay off, though. (again - it would have paid off had I SOLD last year) No matter which way you slice it, Intel has got a heap of troubles. Man, 25% - that's gotta be the worst warning of a major company that I remember. That's real bad. Dave

To: Road Walker who wrote (19510)	3/14/2001 9:48:06 PM
From: Ausdauer	Read Replies (2) \| Respond to of 60323

At retail I noticed... SanDisk 64MB CompactFlash selling for $99.99 at both Circuit City and Office Depot. I blinked once or twice as I had seen the same product for $129.99 (at Circuit City) just after Christmas. The packaging is still the same, so I assume this stuff was manufactured pre-holiday and constitutes a chunk of the inventory Eli wanted to sell off during Q1 and Q2. It would seem that at best we could hope to match Q1 2000 EPS at 22¢ since this is the guidance we were given in January. Can we earn a buck a share this year? Geez, I hope so. Looking back on $1.30 a share for 2000 it would seem that averaging 32.5¢ per share for the four quarters of 2001 will be a difficult task given the expenses coming on line in Virginia and no holiday buying sprees anywhere in sight. These market duldrums blow. Is everyone squirreling away cash these days and waiting for a year or two to pass before spending it? Well, that is kind of how I have felt the last 4 or 5 months and I trust I am not alone. I wonder what kind of margin SanDisk has on dusty, pre-holiday products that are selling at these steep discounts? I might be a bit excited if I saw some new packaging arriving here locally, but I suspect there is still a heaping cache of old cards that need to be disposed of first. The stuff I have seen bears a 1999 SanDisk copyright on the back of the merchandise. I saw 64MB SanDisk CompactFlash selling for $81.99 at egghead.com and the phenomenal price of $71.95 for the same card at Dell Computing's store front. The real problem is that SanDisk's competitors are equally anxious to dump their stale inventories now, so the price competition is probably very fierce at present. What happened to the days when Eli said, "We could of shipped more, but we didn't have any product available to sell." Wasn't that just a year ago? I think it is safe to assume that current pricing represents inventory dumping until products with new labelling/packaging hit the store shelves. Dammit, that really blows. I also posted a link for 64MB SanDisk MMC selling for under $85.00 a pop. I hope this isn't SanDisk doing their rendition of panic selling. I still haven't recovered from the inventory write-off during the Summer of 1998 when everything hit the fan. Aus@send_some_stuff_with_a_2001_copyright_soon, Eli.com