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


To: slacker711 who wrote (28119)4/28/2005 7:49:58 PM
From: Pam  Read Replies (2) | Respond to of 60323
 
Hi Slacker,

Just listened to Lexar's CC and looked at their results. This company is in financial trouble to say the least. They said SNDK is cutting prices by 15% across the board except for the highest densities. Lexar says with the shortage there is no need for the price-cuts and is questioning their motivation. If the court case drags-on for a while or the judgement is reversed, LEXR will not survive.

-Pam