Future Events Search again: 6 months 1 year 2 years Date Page Event 19-Jan-06 Earnings Next earnings release: Jan 19 after market, unconfirmed. Reuters Research estimate: 0.59
Results for In Play; last 6 months
Date Archive Article 17-Nov-05 08:11 ET In Play SanDisk target trimmed to $60 at UBS (SNDK) 57.64 : UBS cuts their tgt on SNDK to $60 from $62, noting that yesterday at the firm's conference MOT said that in future 2006 MOT handset releases it was likely to deploy lower density NAND flash with its handsets and leave consumers to upgrade of their own volition. Also, firm says a variety of checks suggest that MU is drawing nearer a deal with INTC to develop NAND flash, most likely with an emphasis on wireless handsets. Firm also cites litigation uncertainty. Maintains Neutral. 16-Nov-05 09:16 ET In Play SanDisk: NAND prices remain stable - UBS (SNDK) 57.00 : UBS notes modest declines in NAND spot and retail pricing and its detection of some increased vendor discounting may be indicating a more normal trend of NAND flash ASP declines may be returning, although quarter to date pricing levels indicate still tighter than seasonal supply condition persist overall. The firm believes pricing will decline further as industry supply closes the gap on demand. Moreover, stronger than anticipated DRAM ASP erosion coupled with additional CapEx announcements suggests pricing pressures are also likely to mount longer term as traditional DRAM manufacturers increase their attention on the more lucrative NAND market. The firm revised down to $62 PT (from $65) based on 25x (down from 26x) its C2006 EPS estimate of $2.50.