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


To: Ausdauer who wrote (4518)1/26/1999 4:28:00 PM
From: rll  Read Replies (2) | Respond to of 60323
 
Ausdauer,

"Although earnings are less impressive (due to tax treatment)"

Do you know why the taxes are so much higher with the lower revenues for 1998 than 1997? TIA.

Congrats to all!

rll



To: Ausdauer who wrote (4518)1/26/1999 4:36:00 PM
From: Sam  Respond to of 60323
 
""Although earnings are less impressive (due to tax treatment), the business environment, breadth of the
product line and design-in penetration are considerably different from 1997 and 1998. There are now
several "megamarkets" which will be looking for flash memory solutions that SanDisk is pioneering. The company is extremely well positioned at this point...>>

Exactly. Worth repeating. At some point in the next 2 years, we should have a serious rise in revenue, lower ASPs notwithstanding. And that should mark the beginning of another 5fold in stock price, but from high levels. Or so is my bet on SNDK.