Sandisk (SNDK) continues to be the leader in the flash memory space pioneering the multi-level cell (MLC) technology. Its penetration into Walmart, other retailers and OEMs have gain more market shares. Most important of all is that the market size continues to grow rapidly. More and more devices like mp3 players and cell phone are going to be more dependent on these memories. The company is well managed and believe that there are plenty more upside to come for the next couple years. With that said, the stock have run up quite a bit. I would wait for pull back to enter some position.

This entry was posted on Tuesday, August 30th, 2005 at 10:33 pm and is filed under Stock. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.