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To: Joe NYC who wrote (4023)7/21/2008 8:01:16 PM
From: bobs10  Read Replies (2) | Respond to of 4590
 
you:

SNDK gross margin on product revenue was 3.3%.

I don't quite understand SNDK arrangement with Toshiba, but those gross margins are dismal...

me:

Yeah, just wait until Toshiba reports. At least SNDK had all that licensing revenue or things would have been a whole lot worse.

Flash is going to get a lot cheaper very quickly. It's ironic, but that may be their only salvation if the macro sitution starts to improve.