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

To: limtex who wrote (2701)	3/26/1998 2:42:00 PM
From: Bryan V	Read Replies (1) \| Respond to of 60323

limtex - I'll point out what I found significant, which is that SNDK's tax exposure is changing dramatically this year. Read the paragraph Provision for Income Taxes. Sounds to me like SNDK has depleted its remaining tax credits last year and is facing a full tax burden in 1998. I haven't looked at corporate tax rates for 1998 yet, but I recall Fed used to be around 35% and CA is about 9%. Combined they are facing 44%, but I would expect them to scrape some credits or deductions together that would get that down to 40%. Going from a 15% tax rate to what I guesstimate will be around 40% in 1998 is huge. On a projected first quarter taxable income of $6 mil, you will be losing another $1.5 mil. That's around $0.05 per share. My bet at this point says that they will post Q1 earnings per share on the low side of estimates, in the range of .13 - .15, as they crank in the new allowance for taxes. I hope I'm wrong, but if I'm not, then it looks like a great buy opportunity approaching!!

To: limtex who wrote (2701)	3/27/1998 6:53:00 AM
From: Steve Lee	Read Replies (2) \| Respond to of 60323

Anyone, how do I read a CF card from a Windows NT machine. I see that the external ImageMate has a Windows 95 driver, but there is no mention on Sandisk's web site of an NT driver. Also, anyone know if there is an internal CF card reader available. As it is essentially an ATA device, can I run CF readers from the IDE controllers on our PC motherboards? Any help or reference to a source of information would be appreciated. We want to make a digital camera purchase decision today but are 8 hours ahead of California so can't wait for Sandisk support to wake up.