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9 pts

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

Oct 05, 2008 11:28 PM UTC
Usair
Return Risk
-26.41% HIGH
Analyst

Just added heavy into SNKD but market has control. I feel SNKD will make a nice rebound should things get sorted out. 

Gary Krakow <o:p> </o:p>

It wasn't all that long ago that the idea of getting a full 1GB of flash memory onto a removable card was a very big deal. And those cards were the size of a credit card. Then came SD (and MMC) cards -- they were the size of large postage stamps. MiniSD cards came next and they were the size of small postage stamps. But both of these offerings were deemed "too large" to fit inside the portable devices of the future -- and the microSD card was born. We're talking the size of a small fingernail. Easy to drop (and misplace) and equally easy to fit into increasingly smaller devices like smartphones and high-definition, digital pocket cameras. I thought 128MB on a microSD was an amazing feat. Ha! Within months it was up to 1GB. Then 2GB. 4GB. And recently 8GB. That was then and this is now. SanDisk has just announced that it is bringing to market a 16GB microSDHC <o:p> </o:p>

 

<o:p>   </o:p>


SNDK:  This call was made on 10/05/08 @ $17.88
Rating:   Positive   $17.88 (10/05/08)
Gain/Loss:   -69.30% in 48 days
Target:   $21.00 (+17.45%) in < two weeks
Allocation:   5.4% of portfolio


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Katie M previously rated SNDK
Positive -17.45% SNDK
09/17/2008
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