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Technology Stocks : Semi Equipment Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Return to Sender who wrote (50464)	12/21/2010 9:26:28 AM
From: Sam	1 Recommendation Read Replies (1) \| Respond to of 95383

Analyst Actions: Raymond James Upgrades SanDisk to Outperform; $63 Target Set - Shares Rise 1.9% in Pre-Bell 12/21 08:47 AM 08:47 AM Eastern Standard Time, 12/21/2010 (MidnightTrader) -- Shares of SanDisk (SNDK:$49.21,00$0.34,000.70%) are higher in pre-market trading as the company is reportedly upgraded to Outperform from Market Perform at Raymond James. The firm made the move based on expectations for better 2011 NAND Flash solutions. The firm has a $63 price target on company shares. Price: 50.13, Change: +0.92, Percent Change: +1.87 midnighttrader.com ------------------------------------------------------ My comment: Nice to see them say "based on expectations for better 2011 NAND Flash solutions." The key term here is "NAND flash solutions." Sandisk doesn't make chips, a commodity item. They make flash solutions. That is an important acknowledgment. When it becomes common parlance, Sandisk will get a higher PE, IMHO.