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


To: Mike Winn who wrote (1657)11/17/1997 5:01:00 PM
From: Jim Greif  Read Replies (1) | Respond to of 60323
 
All,

Another announcement:

NEC DESIGNS NEW MOBILEPRO 700
HANDHELD PC TO USE SANDISK'S
COMPACTFLASH MEMORY CARDS

LAS VEGAS--(BUSINESS WIRE)--Nov. 17, 1997--SanDisk
Corp. (NASDAQ:SNDK) today announced that NEC's new
MobilePro 700 handheld PC (HPC), which debuted today at
the COMDEX show, is designed with a specific slot for the
popular CompactFlash(TM)(CF(TM)) memory card,
manufactured by SanDisk.

SanDisk's CompactFlash memory cards use the
industry-standard ATA storage interface. The NEC MobilePro
700, manufactured by NEC Computer Systems Division (NEC
CSD), is based on Microsoft's Windows CE V2.0 operating
system, enabling the CF memory card to be "plug and play."
Because of the built-in Windows CE recognition of CF, the
NEC MobilePro 700 does not need any special drivers to
install and use CF memory cards. Nelson Chan, SanDisk vice
president of marketing, said, "The NEC design team did an
excellent job incorporating the CompactFlash card into the
MobilePro 700. With a CompactFlash card, MobilePro owners
will have a quick and easy way to store, transport and back up
data. NEC is a world leader in computing and its decision to
put CompactFlash in the MobilePro is a strong endorsement
of the CompactFlash storage standard."

Michael DeNeff, director of marketing, Handheld PC
Products, NEC CSD, said, "The data storage expandability of
the CompactFlash, combined with the MobilePro 700's own
internal memory expandability, enable the MobilePro 700 to
meet the mobile professionals' growing demands for remote
connectivity and software functionality. Because the CF is
based upon industry standards, those expandability benefits
are easily realized by the mobile professional." Focusing on
mobile communications and connectivity, the new NEC
MobilePro 700 will include e-mail, fax and web-browsing
software to be executed by its 33.6 Kbps modem. Using a CF
memory card as data storage, the MobilePro 700 is able to
offer benefits such as downloading information from the
web, providing additional storage for e-mail file attachments
and archiving databases.

SanDisk Corp. designs, develops and markets flash memory
data storage products used in a wide variety of electronic
systems. The company has optimized its flash memory
storage solution, known as "system flash," to address the
needs of many emerging applications in the customer
electronics and industrial/communications markets.
SanDisk's products include removable CompactFlash
products, FlashDisk cards, embedded FlashDrives and Flash
ChipSet products. SanDisk is based in Sunnyvale, Calif.
(COMDEX: SanDisk booth, L-1204, Las Vegas Convention
Center) SanDisk web site/home page address:
sandisk.com . CompactFlash and CF are
trademarks of SanDisk Corp. NEC is a registered trademark of
NEC Corp. MobilePro is a trademark of Packard Bell, NEC,
Inc. Microsoft and Windows are trademarks of Microsoft
Corp.

Copyright 1997, Business Wire. All of the releases provided by Business Wire are
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c Copyright 1997, The Nasdaq Stock Market, Inc. All Rights Reserved.
Please read our Disclaimer.

Looks good to me.

Jim



To: Mike Winn who wrote (1657)11/18/1997 12:04:00 AM
From: Loren  Read Replies (1) | Respond to of 60323
 
Mike -

First, the width of a Bollinger band is based on the volatility (variability) of the average price at that time. Note that earlier in the chart the price had jumped down suddenly. Note that the bands got a lot wider apart at that time. The reason the bands are moving together now is that the price of SNDK has become somewhat less volatile lately. That in itself is neither bullish nor bearish... but I like it, because it shows the stock is better behaved, and therefore probably more predictable with TA.

Normally, the moving average will run back and forth within the band. When the average is inside the band but close to the lower Bollinger limit, the chances are good that the price will go up. When the average is inside the band but closer to the UPPER limit, the chances are better that the price will go down.

However, if the average line breaks through the lower band going down, that is bad to me. It tells me that the stock is no longer behaving normally from a statistical point of view. If the average line breaks through the upper band going up, it also tells me that something NEW/DIFFERENT is going on with the stock... it is a bullish signal.

This may not be the way all folks think about Bollinger bands, but I think this way primarily because I've been well trained in SPC (Statistical Process Control) techniques (I used to be Quality Manager at one of my company's plants). Bollinger bands and SPC are very similar in scope and interpretation... it's all about 'normal' vs. 'special-cause' variability.

Hope this helps...

Loren