SanDisk is a leading supplier of flash memory cards, which allow digital cameras and other devices to keep their data when the power’s turned off.
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When the take over rumors end, this stock will come back to earth hard. Even in a bad economy, SNDK losses in the 4th quarter where HUGE. The funny, thing is that i like their products. Even in better times only their patent license fees were keeping them in the black, so this has been a long time coming.
SanDisk is speculative stock and high risk. Do not catch a falling knife.
Despite their products; found in most gadgets like cellphones and cameras. This company is still in the dark? I suspect some one has a relatively larger moat.
Sandisk has posted an interesting splash page on their website….
http://www.sandisk.com/
They say something BIG is coming on 23 Mar 2010, Do you have any clue as to what this earth shattering news might be?????