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6 pts

Opinion on  SanDisk Corp (SNDK)     Sector: Technology  >  Industry: Computer Storage Devices
Bullish on SNDK ...

Jul 25, 2008 09:28 PM GMT
Return Risk
+43.76% LOW
Analyst

SNDK in my view has established itself very well in the non-volatile memory market. While they have announced recently that they will be cutting back on some R&D following a poor quarter, in the long run I think they will remain a leader in the market. If they can keep up with other companies in SSD Hard Drive developments, then in 1-2 years when demand for these drives really picks up (or when prices for them really come down), SNDK will do very well for itself. A good solid LONG and a great time to buy at this price (has dropped from 18 to 13.60ish in 4 days, but seem to have support at the 13.50 price)


SNDK:  This call was made on 07/25/08 @ $13.52
Rating:   Positive   $13.52 (07/25/08)
Gain/Loss:   +58.51% in 499 days


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