Texrat
07-10-2007, 12:21 PM
Since odds are the bulk of the members here have purchased at least one flash memory card at some time, I thought they might want to look at making money off the business.
Based on news a few of months ago, I started buying Sandisk (SNDK) stock. I've personally had great experiences with their memory and music products and after some investigation realized they were well-poised to assume (and hopefully keep) significant market share.
As of today I'm up almost 22% on the stock, and will take some profit (I buy on dips). I'm no broker, and won't guarantee results, but just thought some of you would like to consider looking into this area.
Their chart: http://finance.yahoo.com/charts#chart1:symbol=sndk;range=1y;indicator=split +volume;charttype=line;crosshair=on;logscale=on;so urce=undefined
EDIT: analysis by citi corp-- http://blogs.barrons.com/techtraderdaily/2007/07/09/sandisk-citi-sees-firm-nand-pricing-ahead/?mod=yahoobarrons
Based on news a few of months ago, I started buying Sandisk (SNDK) stock. I've personally had great experiences with their memory and music products and after some investigation realized they were well-poised to assume (and hopefully keep) significant market share.
As of today I'm up almost 22% on the stock, and will take some profit (I buy on dips). I'm no broker, and won't guarantee results, but just thought some of you would like to consider looking into this area.
Their chart: http://finance.yahoo.com/charts#chart1:symbol=sndk;range=1y;indicator=split +volume;charttype=line;crosshair=on;logscale=on;so urce=undefined
EDIT: analysis by citi corp-- http://blogs.barrons.com/techtraderdaily/2007/07/09/sandisk-citi-sees-firm-nand-pricing-ahead/?mod=yahoobarrons