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


To: Ausdauer who wrote (20489)6/26/2001 10:24:33 PM
From: add  Read Replies (1) | Respond to of 60323
 
Microtech/SCM Micro
They purchase Flash memory, but I don't know who. Sandisk used to buy readers from them and resell it under their own name ! Last qtr, they stopped and they took an inventory charge:

For example, in the past,
SanDisk Corporation has purchased various Digital Media Transfer products from
us and marketed them under the SanDisk brand. Recently, SanDisk developed a
Digital Media Transfer product of its own and has begun marketing it.
Consequently, in the first quarter of 2001, SanDisk canceled orders for our
digital media readers. Going forward, SanDisk may not place orders for our
products, which could decrease our revenues. In addition, SanDisk may market its
competing products to other potential customers.

I wonder if they are buying SANDISK FLASH. It would make sense even though SNDK just screwed them. Its either SNDK or Toshiba.