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

To: Jay8088 who wrote (3593)	8/11/1998 8:39:00 PM
From: Ausdauer	Read Replies (1) \| Respond to of 60323

Jay, That is the same argument I made when the stock was breaking the $20 dollar support level a few months ago. I guess it is even more true today. Ausdauer

To: Jay8088 who wrote (3593)	8/12/1998 10:19:00 AM
From: Ausdauer	Read Replies (1) \| Respond to of 60323

Dear Thread, At the risk of being redundant I wanted to restate the hint of optimism in the press release below. Again, the remarks regarding card-level patents is the most important. FYI, SSTI is a smaller player in the flash memory market, but has won patent suits against Atmel recently for its Superflash technology. It also had a case thrown out of a Delaware Court that was initiated by Intel which also alleged patent infringement. My opinion is that the Lexar litigation hinges on the same "card-level" patents, and in particular the ScanDisk-like feature which identifies and blocks out fading memory cells from future use. SanDisk and SST Sign Patent Cross-Licensing Agreement for Flash Card Products PR Newswire - July 08, 1998 08:46 SUNNYVALE, Calif., July 8 /PRNewswire/ -- SanDisk Corporation (Nasdaq: SNDK) and SST (Silicon Storage Technology, Inc.) (Nasdaq: SSTI) today announced that they have signed a patent cross-licensing agreement for flash card products. Under the agreement, SanDisk and SST have licensed each other's patents covering the design and manufacture of flash card products, giving both companies worldwide rights to use those patents. Specific terms of the agreement are confidential. Eli Harari, SanDisk president and CEO, said, "We are very happy to announce this patent cross-licensing agreement with Silicon Storage Technology, an innovative, cutting-edge company in the flash card market. This is SanDisk's first card-level patent cross-licensing agreement and we expect that similar card-level agreements will be signed later with other flash card companies. The agreement between SanDisk and SST will provide added impetus to the growth of the flash data storage market and is a further confirmation of the fundamental value of SanDisk's intellectual property patents in this rapidly growing flash card market." Bing Yeh, president and CEO of SST, said, "This agreement allows each of our companies to respect the technology contributions of the other and results in increased freedom to design and manufacture new products without the threat of patent infringement. This will provide both companies with a level playing field on which to compete. We are very pleased to have established this cross-license relationship with SanDisk. This is an excellent agreement for both companies." SanDisk Corporation, the world's largest supplier of flash data storage products, designs, manufactures and markets industry-standard, solid-state data, digital imaging and audio storage products using its patented, high density flash memory and controller technology. SanDisk is based in Sunnyvale, CA. The matters discussed in this news release contain forward-looking statements that are subject to certain risks and uncertainties as described under the caption "Risk Factors" in SanDisk's annual report on Form 10-K and quarterly reports on Form 10-Q, filed with the Securities and Exchange Commission. The company assumes no obligation to update the information in this release. SanDisk's web site/home page address: sandisk.com