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Via Zacks Analyst Blog:
We still believe in the flash market over the long-term, but now believe it is too early to be buyers of SNDK shares.
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not familiar with SNDK business, other than see a lot of SNDK flash or memory chip. Recently, I bought one SD memory with $9.99 for 2G not bad, it is not SNDK, I don't see the reason why I pay for the premium to get SNDK memory. SD memory is commodity now. Maybe their main revenue is from other area like cell phone. Does Apple IPhone use or who does. |
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