Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Art Bechhoefer who wrote (5508)	4/20/1999 10:45:00 AM
From: Alan Lynch	Read Replies (3) \| Respond to of 60323

"With the overall market at extremely high valuations, particularly many technology/internet type stocks, my hunch is that prudent analysts are going to start looking around for better valuations, get rid of their former high flyers, and end up looking more favorably on the reasonably priced companies with unique products." Art, from your experience just what sort of % of prudent analysts exists out there? You did state the majority tend to keep just try and keep pace. From Sandisk's perspective, what steps can the company realistically execute to achieve a higher profile within the investment community? I contacted Diamond Multimedia to confirm the supplier of their new 32mb and 64mb flash memory. They confirmed it is Samsung (initially blowing me off with "we are in a quiet period and cannot give out this information.") Needless to say I persisted and finally received an answer yesterday. Does Sandisk receive royalties from Samsung? BTW, Art. I do enjoy your informative posts. Regards,

To: Art Bechhoefer who wrote (5508)	4/20/1999 11:31:00 AM
From: Derek C.	Read Replies (2) \| Respond to of 60323

SANDISK WILL SUPPLY CANON WITH COMPACTFLASH DIGITAL FILM CARDS FOR NEW CANON POWERSHOT A50 DIGITAL CAMERA SUNNYVALE, CA, April 20, 1999 - SanDisk Corporation (NASDAQ:SNDK) announced today that it will supply Canon with removable, reusable CompactFlash™ (CF™) digital film memory cards for Canon's new PowerShot A50 digital camera. A SanDisk 8MB (megabyte) CF card will be included with the sale of every PowerShot A50 digital camera, the world's smallest and lightest zoom lens-equipped megapixel camera. Canon's new camera is the seventy-sixth digital camera that has been introduced with specific slots for CompactFlash memory cards to capture and store images. CF cards are economical as they can be reused to take millions of pictures. CompactFlash is the world's largest selling digital film product. Nelson Chan, SanDisk's vice president of marketing, said, “The PowerShot A50 is the fifth digital camera that Canon has introduced with SanDisk CompactFlash digital film and underscores Canon's continuing commitment to our CompactFlash. Canon has been very successful with its earlier CF-based digital cameras, including the popular PowerShot A5, and this model looks like a winner with its superb styling, convenient small size and zoom lens capability.” The Canon PowerShot A50 is a 1.31 million pixel digital camera that comes with software bundles enabling users to enhance digital images in Mac and PC formats. The all-metal camera has a sharp 4.3-10.8 f/2.6-4.0 zoom lens, a built-in flash, optical viewfinder and a 2-inch LCD monitor. The camera is small enough to fit in a shirt pocket, briefcase or purse, thus combining convenience with quality and ease of use. The new PowerShot A50 will be available at authorized Canon dealers in the second half of 1999. Estimated street price for the camera will be established closer to the availability date. SanDisk-branded CompactFlash cards, ranging in capacity between 4 and 48MB, are available at more than 7,000 stores worldwide as well as through an extensive worldwide industrial distribution channel. New SanDisk CF cards with capacities of 64, 80 and 96MB will be available in stores starting in May, 1999. 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 the company'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. CompactFlash and CF are trademarks of SanDisk Corporation. SanDisk's web site/home page address: sandisk.com