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

To: Jason Rooks who wrote (1131)	10/28/1997 6:39:00 PM
From: Jason Rooks	Read Replies (1) \| Respond to of 60323

The announcement by IBM and INTC that they have been buying back their stock made me wonder if the management at SNDK had the savy to buy back from the fall from 38-->30 and then downward the last two days. I would hope so, but as others was wondered on this thread, who knows with these guys. Would they have to announce such a buy-back? I do know it would seem odd to buy back after announcing a new offering, but what could be better deal than SNDK in the mid 20s???? Okay, as a newcomer, I keep quiet for a while. Jason

To: Jason Rooks who wrote (1131)	10/29/1997 10:57:00 AM
From: Mike Winn	Respond to of 60323

From TechWeb: (this article should have given more credit to Sandisk than to NEC) October 28, 1997, TechWire Japanese-American Venture Doubles Flash Memory Capacity By John Boyd TOKYO -- Japan's largest semiconductor manufacturer has developed an 80-megabit flash memory device, which is said to be the industry's largest capacity, and can store 2 bits in a cell. Current memory technology relies on 1 bit per cell. NEC unveiled the device Tuesday, touting it as the first joint product to emerge from a 1994 tie-up with SanDisk, the U.S.-based fabless semiconductor design company that created a de facto standard for its flash design that is now supported by 82 companies worldwide. Now NEC and SanDisk have come up with a flash device that stores 2 logic bits per cell, effectively doubling its memory capacity over conventional chips of the same size. Hajime Sasaki, a senior executive vice president and head of NEC's semiconductor group, said this would let NEC price the device "very competitively, when it's launched in January 1998," though he would not reveal pricing details. Flash memory retains its data even when power is switched off, though it also lets data be erased and new data written as required. Although relatively expensive, this makes it ideal for portable equipment such as notebook PCs, where traditional hard disks are comparatively heavy, bulky, and fragile. The announcement came as NEC unveiled rosy semiconductor business results for the first half of fiscal 1998, ending Sept. 30, 1998. The company posted a 13 percent increase with sales of $4.96 billion, and is forecasting a further 16 percent increase for the second half of fiscal 1998 on sales of $5.45 billion. During the same period last year, NEC showed a 4 percent decline in semiconductor production. Part of the increase was because of a move from commodity dynamic RAM memory chips commonly found in ordinary desktop computers toward high-end synchronous DRAMs typically found in workstations and servers, whose faster speeds allow premium pricing, Hajime said. NEC has a leadership position in this technology, and said it leads the market in 64-megabit synchronous DRAMs. Sasaki added that the improved business results were also helped by expanded demand for microprocessors, where NEC has now moved from the world's No. 7 supplier to the No. 5 supplier. Increased demand for ASICs, including their use with emerging system-on-a-chip technologies, also helped, he said. NEC's electronic components business for the first half of fiscal 1998 also showed a solid 15 percent gain over the same period last year, on sales of $1.04 billion. And NEC is forecasting a hefty jump for the second half of fiscal 1998, with sales expected to reach $1.34 billion. Sasaki attributed these increases in part to production of larger liquid crystal displays, such as the 13.3-inch displays now appearing in advanced notebook computers, as well as a move by the company into the liquid crystal displays monitor market. Although more expensive, LCD monitors are becoming recognized as a big space saver over bulkier traditional monitors in crowded offices.