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

To: Art Bechhoefer who wrote (19652)	3/15/2001 10:07:36 AM
From: Greg h2o	Respond to of 60323

i'm hoping to pick some up closer to BV, but it looks like it might not get there. with over $7/share in cash, it's looking very interesting in the mid to upper teens.

To: Art Bechhoefer who wrote (19652)	3/15/2001 2:42:31 PM
From: Ausdauer	Read Replies (1) \| Respond to of 60323

<deleted>

To: Art Bechhoefer who wrote (19652)	3/15/2001 2:42:31 PM
From: Ausdauer	Read Replies (3) \| Respond to of 60323

Art, I guess I knew the answer to my question... ...when I mentioned yesterday evening that retail pricing was falling precipitously. It's painfully clear that SanDisk is selling inventory at a net loss and that the profitability of 2000 will be impossible to replicate in 2001. In addition to the changes in consumer spending habits, SNDK faces several other problems over the next few quarters such as the inability to add new IP licensees, uncertain demand for planned embedded flash chips and other future products beyond flash cards, the failure of CF and MMC to emerge as dominant standards in the MP3 and handheld PC domains, and the prospect of major capital investments during a period marked by uncertain current and future demand. Why haven't we been given another crew cut today? Maybe this news is already factored into the company's prospects? Maybe SanDisk's dead horse has been whipped enough as it is? Maybe there is a major SDMC announcement coming up? Maybe things couldn't conceivably be worse than they are just now. I don't know what to think anymore other than to look even further into the future and hope that the company Eli is building will someday look back on these horrible times and realize that pushing forward despite near-term uncertainty was the right thing to do. Eli said during the last c.c. that they are moving forward with their manufacturing plans in Virginia with the belief that this is a major investment in the company's future and a necessary step in attaining the goals he has set for the company. I guess its full speed ahead into the unknown for the time being. Aus