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

To: orkrious who wrote (21312)	12/13/2001 2:35:30 PM
From: tejek	Respond to of 60323

This was posted on briefing yesterday. What a bunch of idiots. Who buys a stock because of something someone projects to happen in 18 months? 1:09PM CSFB on Flash Chips : CSFB believes that data storage requirements are likely to lead to a shortage in the high-density flash mkt in mid-2003, with tightening supply becoming evident in late 2002. Firm estimates that data storage bit demand will more than triple that of code-storage mkt in 2003, driven primarily by requirements from 2.5G and 3G cell handsets. Briefing.com notes that one possible beneficiary could be SNDK, which has a sizable high-density flash biz. Agreed! To answer your question, the buyers would be those who have lit a fire under the data storage stocks, causing them to get overextended. So it make sense that they would next turn to the suppliers. That explains SNDK's big move up in the last two weeks. Thanks. ted